Liberty Newspost May-13-2012

Curated News Edition
- 14/05/12
http://www.LibertyNewspost.com
Uganda official: Top Joseph Kony commander captured

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along with Kony in 2005 by the International Criminal Court, Submitted at 5/13/2012 10:11:58 AM Ugandan officials say he was one KAMPALA, Uganda (AP) of Kony's top military strategists Ugandan forces captured a senior and a reliable fighter. commander of Joseph Kony's "He is in good condition," Lord's Resistance Army after a Rugumayo said of Acellam. "He brief fight with rebels near the was captured with two other Congo-Central African Republic rebels. They were in a group of 30 border, an army official said rebels." Sunday, in what an analyst said He said the others escaped. was an "intelligence coup" for Details of precisely how Acellam forces hunting for Kony. was captured were not available, By Rodney Muhumuza, AP but some analysts said it was Ugandan soldiers hunting for possible he had just walked into Joseph Kony walk through the the hands of Ugandan army jungle near River Vovodo in officials. April. "He's been on the defection shelf Lt. Col. Abdul Rugumayo, for a long time," said Angelo intelligence chief for Uganda's Izama, a political analyst with the military operation against the Kampala-based security think LRA, said Caesar Acellam was tank Fanaka Kwawote. "This is a captured Saturday with two other big intelligence coup for the rebel fighters as they tried to cross Ugandan army." a river called Mbomu. A Ugandan army official, Although Acellam is not one of speaking on the condition of the LRA commanders indicted anonymity because he was not content] [unable to retrieve full-text
authorized to speak to the press, said losing Acellam was a big blow to Kony, whose forces have become increasingly degraded by a lack of food and having to constantly move to elude capture. "He is big fish, very big fish," the official said of Acellam, who has been with the LRA for over 20 years. "He is one of the top division commanders." The official said Kony, who Ugandan officials suspect to be hiding somewhere in Sudan, has traditionally lived in bush camps significantly far from where his top commanders hide, apparently as a security precaution. "Kony does not want his commanders near him," he said. "He wants to be alone." Kony recently became the focus of international attention after the U.S. advocacy group Invisible Children made an online video seeking to make him famous. In 2005 the ICC indicted Kony, [unable to retrieve full-text
along with four other LRA commanders, for crimes against humanity and war crimes. Two of them have since died. Last year U.S. President Obama sent 100 troops to help regional governments eliminate the LRA. But the manhunt for LRA leaders has proved tough, with the rebels moving in very small groups and avoiding technology. Encounters between Ugandan troops and the rebels are very rare. Only about 200 LRA members remain the jungle, according to Ugandan officials. Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. For more information about reprints & permissions, visit our FAQ's. To report corrections and clarifications, contact Standards Editor Brent Jones. For publication consideration in the content]
newspaper, send comments to letters@usatoday.com. Include name, phone number, city and state for verification. To view our corrections, go to corrections.usatoday.com. USA TODAY is now using Facebook Comments on our stories and blog posts to provide an enhanced user experience. To post a comment, log into Facebook and then "Add" your comment. To report spam or abuse, click the "X" in the upper right corner of the comment box. To find out more, read the FAQ and Conversation Guidelines. This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
Headline/
Parents urged to talk, make contract with their teen drivers

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Submitted at 5/13/2012 5:39:43 PM
five of them from the vehicle. All six were injured, but Lacey was the only one killed. Gallagher Cypress Falls High School senior says the crash was caused by Nicholas Peurifoy makes an effort drowsiness or distraction, or both. to discourage cellphone use as "There were a lot of things we part of road-safety program by should have talked about," Texas Transportation Institute at Gallagher says. "Six kids are a big Texas A&M University. distraction to a newly licensed By Dave Einsel, for USA teenager. I thought drinking and TODAY driving was the highest teenage Denise Gallagher, a 46-year-old driving danger. It's not. This is c h i l d c a r e p r o v i d e r i n something I have to live with Philadelphia, is paying a terrible every day of my life. I think about price for not knowing more about w h a t I c o u l d h a v e d o n e the dangers of teen driving. She d i f f e r e n t l y . " lost her 18-year-old daughter, For young drivers, May marks Lacey, in a one-car crash a few the beginning of the season of hours after Lacey's prom in 2007. h i g h p e r i l . I t ' s p r o m a n d By AJ Mast, for USA TODAY graduation time, when many Faith Mock, 55, a teacher in teenaged drivers ask for and Rushing, Ind., versed daughter r e c e i v e e x p a n d e d d r i v i n g Taylor, now 19 and attending the privileges. And it's the cusp of University of Indianapolis, on summer vacation, when the stakes driving responsibly several years are extremely high for young ago with a verbal contract. drivers. That's why the period between By AJ Mast, for USA TODAY Memorial Day and Labor Day has Faith Mock, 55, a teacher in been dubbed by auto club AAA Rushing, Ind., versed daughter and Volvo as "The 100 Deadliest Taylor, now 19 and attending the Days" for teen drivers. University of Indianapolis, on Seven of the 10 deadliest days of driving responsibly several years the year for teens fall between ago with a verbal contract. those holidays, according to Sponsored Links AAA. July and August are the Lacey, who wasn't driving, was deadliest months for 16- and 17in a car with six other teens that year-old drivers, according to the crashed on the Pennsylvania AAA Foundation for Traffic Turnpike around 2 a.m., ejecting Safety.
no better time than this month for parents and teen drivers to talk about driving safely. On an average day in the USA, more than 11 teens die in crashes. In 2010, the four deadliest months for teen crash deaths, in order, were August, July, May and June, according to the Insurance This year, the deadly season for Institute for Highway Safety, an young drivers rolls around at a insurance trade group. time when there is growing So this month lends urgency to research by the AAA Foundation that discussion call it The and others that the young drivers Conversation between parents who engage less frequently in and their young drivers. "Parents' risky driving behavior are those involvement and influence in the who spend the most time talking teen driving experience can about driving with their parents. literally mean the difference The research also shows that more between life and death for their needs to be done to encourage child," says Susan Duchak, who those talks on safety: Vehicle leads The Allstate Foundation's crashes are still the leading cause teen safe driving program. So what, exactly, is The of death for young Americans. Conversation that parents should "The research and our experience tells us that the earlier we can get have with their young drivers? parents engaged in this dialogue What should they say? And when and the longer we can keep them and where should it occur? It's not so much a single engaged, the more likely their conversation as a series of teens will be safer drivers," says Peter Kissinger, president and conversations, experts say, and it CEO of AAA Foundation for should begin sooner than many Traffic Safety. "But we live in an t h i n k . D e n n i s D u r b i n , a age where time seems to be at a Philadelphia specialist in the premium. I'm sure a lot of parents prevention of teen driver crashes, find it difficult to allocate the says he started talking about amount of time to talk with their driving with his son, Jack, when son or daughter that we would Jack was 13. "We started talking about driving consider ideal." He and other experts say there is when he started sitting in the front
seat," says Durbin, professor of pediatrics at the University of Pennsylvania School of Medicine and co-scientific director of the Center for Injury Research and Prevention at The Children's Hospital of Philadelphia. "That's really a good opportunity to start the conversation about safe driving. They immediately gain a much better awareness about driving. By AJ Mast, for USA TODAY When talking with her daughter Taylor, Faith Mock, 55, says "We really sat down and talked about the fact that driving was a privilege, not a right." "I sort of narrate some of what I'm seeing so they begin to see what I'm seeing," Durbin says. "I narrate the driving situation I think that guy is about ready to change lanes even though he hasn't signaled, things like that." But before parents can have a meaningful discussion about driving safety, they should educate themselves about the realities of teen driving, experts say. For example, many parents think drunken driving is the main threat to teen drivers, Duchak says; driver error, speeding and distractions are bigger problems. Lack of parental involvement can be painfully expensive, and the PARENTS page 3
PARENTS
continued from page 2
pain of loss lasts a long time. Gallagher says she wishes that she and Lacey, who was not wearing a seat belt the night she was killed, had talked more about her daughter's post-prom plans. "When you put a group of teens together, they make different decisions," she says. "Normally, she always, always wore her seat belt." Her daughter's death led to the passage last October of Lacey's Law in Pennsylvania, which limits the number of passengers that teen drivers can have and increases the number of required hours of behind-the-wheel driving experience before obtaining a license. It also makes failure to wear a seat belt a primary offense for young drivers, meaning police can stop them solely for that. Gallagher hopes the law will spare other parents. But it doesn't bring Lacey back. "So many of these accidents could have been prevented just by following some simple rules, talking to your children and giving them enough experience behind the wheel before they're out on the road on their own." 'That conversation is huge' Rob Kudej, 50, of Norwich, Conn., says he had a conversation about driving with his son, Patrick, 16, the day Patrick got his learner's permit. They went over the rules, over what was allowed and expected and what wasn't. "That conversation is huge," Kudej says. Patrick, who got his license in January, remembers it well. "We
were all together in either the kitchen or the living room. It wasn't just a casual, walk-by talk," he says. "It was a structured conversation. It made me realize the importance of safe driving. We think we know everything, but we don't." Kudej says many of their rules followed the state's new graduated driving license (GDL) law mandating phased-in driving privileges: no passengers, an 11 p.m. curfew, for instance. Ten deadliest days for teen motorists Average number of deaths of teen drivers and teen passengers in highway crashes. (Date/deaths): July 4: 18.0 June 10: 17.2 May 20: 16.6 Aug. 14: 16.6 Sept. 26: 16.4 May 23: 16.0 Aug. 8: 16.0 July 9: 15.8 Nov. 24: 15.8 Jan. 21: 15.6 Source: AAA analysis of National Highway Traffic Safety Administration data, 2006-10 Experts such as Chris Mullen, director of technology research at insurer State Farm, say that parents can use their state's GDL law as the "bad guy" when they discuss driving safety. "They can say, 'It is against the law to drive around with your buddy in the car,' " she says. "That can keep them from being the heavy." Faith Mock, 55, a teacher in Rushville, Ind., had the conversation with her daughter, Taylor, now 19, several years ago.
"We really sat down and talked about the fact that driving was a privilege, not a right," Mock says. "And that there are a lot of responsibilities associated with driving. We made a verbal contract." Written parent-teen driving contracts, available from many insurance companies and elsewhere, are an excellent starting point for that initial conversation, experts say. "The act of creating the contract will prompt a dialogue," says Henry Edinger, chief customer officer at the Travelers insurance company. Tips to prep teen drivers The best way is to have a candid, serious conversation which is consummated with a written contract that says here is what we are both agreeing to and we will periodically re-visit this as you gain experience. Peter Kissinger, AAA Foundation for Traffic Safety Understand your own states driving laws. The parents have to be the ones who understand the law. They have to be the enforcer. Henry Edinger, Travelers insurance company Its helpful to set early expectations and limits. The last thing a teen needs is to get cornered by their parents as theyre racing out the door. Chris Mullen, State Farm insurance company When I was teaching my kids to drive, when we were in an area where there were no speed limit
signs, I would say, Whats the speed limit here? to see if they were aware of the speed limit. Susan Baker, Johns Hopkins University Its very important that they know what the consequences will be for breaking the rules. Faith Mock, Rushville, Ind., parent You should talk about the danger of having too many passengers, the dangers of cellphone use and texting while driving and the importance of wearing a seatbelt. Susan Duchak, The Allstate Foundation Parents' role doesn't end Experts say it's critical that parents regularly revisit the safedriving conversation with their teen, especially once the teen starts driving independently. Many parents assume that once their child completes the provisional licensing period when they have to be accompanied by an adult the parental role ends. Not so. "There's nothing magical that happens to the teen once they get their license and can drive independently in a vehicle," Durbin says. That initial period of driving alone is when they're at their "highest lifetime risk." Once the teen is driving independently, parents should continue the conversation. "It should be, at a minimum, monthly," Edinger says. "There's a slow degradation in the thought process if you don't revisit it." Riding with the teen periodically to assess how they're doing and
make sure they aren't backsliding is also a chance to have the conversation again, Edinger says. However, it's important that the conversation itself doesn't become a distraction while the teen is driving, says Susan Baker, an epidemiologist specializing in injury prevention at Johns Hopkins University and a traffic safety researcher. Setting a good example Perhaps most important, experts say, is that parents actually model the behavior they're trying to instill. Several studies, including ones by AAA and Allstate foundations, have shown that many parents take a "do as I say, not as I do" approach with their teen drivers. They acknowledge that behavior such as talking on cellphones, fiddling with the radio or even breaking the law is dangerous; but large percentages admit to doing these things while their children are in the car. In an April AT&T survey of 1,200 teens ages 15-19, 77% said adults tell kids not to text or email while driving, yet 41% reported seeing a parent text while driving. The good news: Sixty-two percent of teens in the survey said that getting reminders from their parents not to text and drive would be effective in stopping them from doing it. Surveys, such as one this year by Harris Interactive for insurer State Farm, consistently show many PARENTS page 5
Headline/ Technology/ Top News/ Economy/
Extreme-weather text alerts set to begin

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Submitted at 5/13/2012 5:48:12 PM
By Doyle Rice, USA TODAY Updated Wireless carriers and the federal government are launching a system to automatically warn people of dangerous weather and other emergencies via a special type of text messaging to cellphones. Find a Forecast Find your local weather with The Weather Channel zip-code lookup: AP Wireless Emergency Alerts will be issued for extreme weather conditions. Sponsored Links The Wireless Emergency Alerts (WEA) service, which begins this month, is free, and consumers won't have to sign up. Warnings will be location-based: If you're traveling, you'll get an alert for whatever emergency is happening where you are. "Wireless carriers representing more than 97% of subscribers
voluntarily agreed to develop and offer free, geographically targeted wireless emergency alerts," said Amy Storey, spokeswoman for the CTIA The Wireless Association. AT&T, Cellcom, Cricket, Sprint Nextel, T-Mobile, U.S. Cellular and Verizon Wireless are participating. Alerts will be issued for such life -threatening events as tornadoes, flash floods, hurricanes, typhoons, tsunamis, dust storms, extreme winds, blizzards and ice storms. "These text alerts will be very brief, under 90 characters," said National Weather Service spokeswoman Susan Buchanan, "and are intended to prompt people to immediately seek additional information through the wide range of weather alert communications available to them, such as the Internet, television, radio or NOAA Weather Radio." She said alerts about very dangerous situations such as tornadoes will give advice such as "seek shelter immediately."
WEA can also issue AMBER Alerts for missing children and Presidential Alerts for national emergencies. People can opt out of AMBER and Weather Alerts but not Presidential Alerts. An alert will look like a text, but the system uses a different technology that isn't subject to congestion or wireless network delays, the CTIA said. "This is another great way of receiving warnings immediately, just like weather radio and other sources," weather service spokesman Chris Vaccaro said. Vaccaro says people should not rely only on mobile devices for weather warnings since they can lose power. He urges using a National Oceanic and Atmospheric Administration weather radio, which has longerlasting battery backup. The WEA system is a collaboration by the wireless industry, the Federal Communications Commission, the Federal Emergency Management Agency, the
Department of Homeland Security, the National Weather Service and other agencies. For more information about reprints & permissions, visit our FAQ's. To report corrections and clarifications, contact Standards Editor Brent Jones. For publication consideration in the newspaper, send comments to letters@usatoday.com. Include name, phone number, city and state for verification. To view our corrections, go to corrections.usatoday.com. We've updated the Conversation Guidelines. Changes include a brief review of the moderation process and an explanation on how to use the "Report Abuse" button. Read more. This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
China, Japan, South Korea Agree To Trade Talks - Wall Street Journal
(china - Google News)
Submitted at 5/13/2012 6:47:30 PM
msnbc.com China, Japan, South Korea Agree To Trade Talks Wall Street Journal By AARON BACK, TOKO SEKIGUCHI AND YUKA HAYASHI The leaders of China, Japan and South Korea agreed to begin free-trade negotiations this year, opening the possibility of an agreement that could rival the world's largest free-trade zones in size,... China, South Korea and Japan say they seek to ease tensions with North Korea... Fox News China, Japan, S. Korea Warn North to Stop Provocations Voice of America China, SKorea, Japan try to ease NKorea tensions The Associated Press msnbc.com- China Daily all 588 news articles
Donate to World Vision

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PARENTS
teen drivers use cellphones or text while driving. A recent study by the California Office of Traffic Safety showed cellphone use among 16- to 25-year-olds doubled from 9% to 18% since last year. "The teens today that are doing this are the ones who watch their parents do it," says Jennifer Smith, an Oak Park, Ill., teendriving-safety advocate and parent who puts on distracteddriving seminars for teens and others. Smith says she talks regularly with her daughter, Emani, 16. "I still tell her, 'Don't use your phone while you drive,' " she says. "I know that they get more confident as they learn to drive. I told her I don't want her to start acting overconfident." Ongoing conversations, along
with strong parental involvement, might be the nation's best path toward a future where automobile crashes are not the primary killer of the USA's young, Kissinger says. "The conversation is not one and done," he says. "It is a continuous dialogue over years, really. Certainly over many, many months." This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
Spartak snatch Champions League ticket

RT (News RSS : Today)
China's Weakening Growth Signals Need for Fiscal Action - CNBC.com

Submitted at 5/13/2012 7:03:54 PM
Moneycontrol.com China's Weakening Growth Signals Need for Fiscal Action CNBC.com China may need a back-up plan to stop economic growth being cut short by a surprise dip in demand at home and abroad that suggests monetary policy easing steps taken since the final quarter
of last year are insufficient to deal with the downturn. China Crashes in April, Shows Signs of Contraction Forbes Analysts Expect China to Broaden Stimulus New York Times China Cuts Reserve Ratio After Data Signals Slowdown Wall Street Journal Reuters- Sydney Morning Herald all 105 news articles
hopefully, Ill again show off my best qualities." Spartak are back into the Spartak Moscow's players Champions League after a twocelebrate a goal scored against year break, taking the silver L o k o m o t i v ( R I A N o v o s t i / medals for the fifth time in the Vladimir Pesnya) last seven seasons. Spartak Moscow have grabbed Rubin Kazan 3-1 CSKA Moscow silver medals in the Premier CSKA Moscow, who were League to represent Russia in the Zenits main rivals for the gold U E F A C h a m p i o n s L e a g u e throughout most of the season, together with title holders Zenit had to settle for bronze in the end. Saint Petersburg next season. Keisuke Honda gave the - Lokomotiv Moscow 2-0 Spartak Muscovites the lead in the final Moscow seconds of the first half in Kazan, Besides Spartak, there were two but the hosts replied with three other team CSKA and Dynamo goals from Nelson Haedo Valdez, in hunt for the second spot Gokdeniz Karadeniz and Roman before the final matchday. Eremenko after the break. But the Red-and-Whites were the Kuban Krasnodar 1-0 Dynamo only side in the trio to bag all Moscow three points on the night. Just a couple of days after losing Valery Karpins men reigned in the Russian Cup finals to Rubin, the air against city rivals from Dynamo also missed on medals in Lokomotiv, with Marek Suchy the Premier League. and Artem Dzyuba each scoring a The Moscow team, who needed header in the first 45 minutes. nothing but victory, went a goal This second place is very behind on the 10th minute, when important, Spartaks Artem Lacina Traore made his way Dzyuba told Sport-Express.We through the visiting defense, 1-0. w e r e n t f i g h t i n g f o r t h e Zvjezdan Misimovic managed to championship for a long time, but equalize for Dynamo, but it was the silver medal was our goal. too late as the goal came in the Now, in Europe, we will try hard 90th minute. to prove that we deserve this Anzhi Makhachkala 0-2 Zenit position. I've always dreamt of Saint Petersburg playing in the Champions League. Newly-crowned champions Zenit Well do our best to qualify to the finished the season on a high note g r o u p s t a g e s . A n d t h e r e , by winning in Makhachkala.
Submitted at 5/13/2012 1:05:00 PM
There was nothing to play for in the match, which looked more like a friendly with plenty of reserves on the pitch from both sides. Zenit appeared to have better substitutes, as Aleksandr Bukharov and Szabolcs Huszti netted for the guests after the break. Meanwhile, Krylia Sovietov saved themselves from relegation playoffs in Group B. That happened after the Samara side drew 1-1 against Terek Grozny, and their main rivals Rostov went down 2-1 to FC Tom. Spartak Nalchik and FC Krasnodar played an entertaining 3-3 draw, while Amkar thrashed visiting Volga 4-1. Spartak Nalchik and FC Tom are relegated, and will be replaced by Mordovia Saransk and Alania Vladikavkaz next season. Rostov and Volga will have to defend their places in the Russian top flight against Nizhny Novgorod and Shinnik Yaroslavl. This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
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Romney Advances With Evangelicals - Wall Street Journal

PATRICK O'CONNOR (Top Stories - Google News)
Submitted at 5/13/2012 7:05:08 PM
Decorated veterans score on final bows ESPN

(Andrea Rossi - Google News)
Submitted at 5/13/2012 4:23:23 PM
By PATRICK O'CONNOR Evangelical leaders praised Mitt Romney over the weekend after he sought to reassure Christians who harbor doubts about his Mormon faith and the depth of his conservative convictions. Their remarks followed a commencement address the likely Republican presidential nominee gave Saturday at Liberty University in Lynchburg, Va., which stressed what he called the importance of Judeo-Christian values and restated his opposition to gay marriage. Mitt Romney speaking at a campaign event in Charlotte, N.C., on Friday. Tony Perkins, president of the Family Research Council, who had pushed Republicans to nominate former Pennsylvania Sen. Rick Santorum while he was still in the race, said the speech "was a tremendous opportunity" and that Mr. Romney had "seized it by emphasizing the shared values he holds with evangelicals, even while acknowledging theological differences." During the Republican primary, Mr. Romney shied away from discussing his religion or
contentious social issues, focusing on the economy. On Saturday, he tried to quell any lingering unease among Christian conservatives about Mormonism by stressing their shared view of the worldwithout uttering the word "Mormon" once. "People of different faiths, like yours and mine, sometimes wonder where we can meet in common purpose, when there are so many differences in creed and theology," Mr. Romney told thousands gathered in a football stadium on the university's campus. "Surely the answer is that we can meet in service, in shared moral convictions about our nation stemming from a common world view." As in the past, the former Massachusetts governor didn't directly and specifically address concerns about his faith or the sincerity of his conservatism, preferring instead to talk in broad themes about religious freedom and the importance of Christian values. He employed a similar tactic when he addressed gun owners last month at the National Rifle Association convention by highlighting his belief in Second Amendment protections without reprising his past shifts on gun rights or taking a strong stand on particular issues.
In restating his opposition to gay marriage on Saturday, Mr. Romney didn't belabor the point, telling the Liberty crowd simply, if firmly, that "marriage is a relationship between one man and one woman." That approach could help him avoid overly worrying independents who might otherwise be drawn to the Republican. Mr. Romney also made a play for Santorum supporters, giving his onetime rival a shout-out and embracing a belief the former senator set forth frequently on the campaign trail: that Americans who graduate from high school, find full-time work and marry before having their first child are less likely to fall into poverty. "Culturewhat you believe, what you value, how you livematters," Mr. Romney told the graduates. Mr. Romney struggled at times during the primary to win the support of evangelical Christians. His poll numbers for that
important group have improved as Republican voters have rallied around the presumptive nominee. Evangelical leaders said that support will be even stronger now that President Barack Obama has announced his support for samesex marriage. "Mitt Romney will do very well among Christians," Gary Bauer, a vocal Santorum supporter, told CNN Sunday. Liberty, founded in 1971 by televangelist Jerry Falwell, calls itself the largest Christian university in the world, with more than 12,000 students on its Lynchburg campus and thousands more enrolled online. Some students had resisted Mr. Romney's inclusion in the graduation ceremony, in part because he is Mormon, but his speech proceeded without disruption on Saturday. Liberty President Jerry Falwell Jr. introduced Mr. Romney to the crowd as "the next president of the United States." This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
ESPN Decorated veterans score on final bows ESPN Andrea Barzagli's penalty completed the victory for the hosts in stoppage time after Atalanta had been given late hope thanks to Stephan Lichtsteiner's own goal. Juve won their 28th Scudetto last week and the celebrations intensified on Sunday as Juve... Juventus completes unbeaten Serie A campaign Fox News Del Piero on target as Juve finish unbeaten Yahoo! Eurosport UK Del Piero & Inzaghi sign off Team talk SI.com- Sportal.com.au all 121 news articles
Kuchar comes up clutch at Sawgrass

(Sports News Headlines Yahoo! News)
Submitted at 5/13/2012 6:59:15 PM
The only complaint about Matt Kuchar was not winning enough. He picked up a big one Sunday at The Players Championship.
Top News/ Sports/
Nuclear infowar: New evidence of Irans nuclear ambitions as Vienna talks approach
Submitted at 5/13/2012 6:54:55 PM
China Loosens Controls On Foreign Investors In QFII ProgramReport - Wall Street Journal
Submitted at 5/13/2012 7:12:21 PM
Reactor at the Bushehr nuclear power plant in southern Iran (AFP Photo / Fars News / Hamed Malekpour) As Tehran finally makes efforts to rehabilitate its nuclear program with the West, a new piece of counter-evidence emerges: a CGI picture of an allegedly Iranian nuclear blast chamber. The timing is just right, with Vienna talks starting Monday. -The image, which shows a white cylinder with a yellow pipe sticking out of it inside a hangarlike building, was provided to the Associated Press purportedly by an anonymous official from an IAEA country that tracks Irans nuclear program. The official noted that the picture was based on information from someone who had visited the Parchin military site suspected of harboring the chamber, but said giving further information would endanger the life of that person. Olli Heinonen, the former IAEA deputy director in charge of the Iranian case, said he believed the
drawing to be accurate, saying it was very similar to a photo he had recently seen. Heinonen also declined to name the origin of that photo to protect his sources. The computer-generated revelation of murky origins comes just a day before IAEA and Iranian officials meet in Vienna. The IAEA will try to obtain permission to access the chamber in order to investigate whether Iran is hiding an explosives containment tank, used for nuclear arms-related tests. The IAEA has suspected the Parchin military site of lodging the explosives chamber since last November, saying it had satellite imagery to confirm the suspicions. IAEA chief Yukiya Amano also said in March that Iran was engaged in activities relevant to the development of nuclear explosives devices at the site. Iran denied conducting nuclear arms tests, but did not comment on whether it possessed the explosives containment cylinder. -The Parchin military complex is located 19 miles (30 kilometers)
outside Irans capital Tehran. Although the Nuclear NonProliferation Treaty does not require Iran to let observers onto its military bases, it nevertheless allowed partial access to the Parchin site for IAEA inspectors in 2005. Since then, the IAEA has continued to call for unhindered access to the site. This March, Iran agreed to allow the IAEA onto the site again, though it did state the specific date of a future possible visit. IAEA officials believe the blast chamber used for nuclear tests was developed by Azar AB Industries Co. in the city of Arak, and was later transported to Parchin. Satellite imagery has also fueled suspicions that Iran tried to conduct a clean-up operation in the building believed to harbor the cylinder. Photos taken by the Institute for Science and International Security (ISIS) in April showed a stream of water flowing out of the construction site, and objects lined up next to it. The five permanent members of the United Nations Security Council plus Germany are also
gearing up for talks with Iran to be held on May 23 in Baghdad. The United States, the EU, Israel, and some other countries have been adamant that Iran cease its nuclear program, which some believe to be geared towards belligerent purposes. Iran has maintained that its program is strictly for peaceful ends. Saeed Jalili, Irans top nuclear negotiator, said it was up to Western nations to build the trust of the Iranian nation during the Baghdad talks. " The era of a pressure strategy is ended," he was quoted by Iranian state television as saying " Any strategic miscalculations would endanger success at the Baghdad negotiations." This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
China Loosens Controls On Foreign Investors In QFII Program-Report Wall Street Journal SHANGHAI China has eased its restrictions on foreign investors seeking to invest in the country to encourage investments under the Qualified Foreign Institutional Investor program, the state-run China Securities Journal reported Monday,...
Maldonado holds off Alonso for Spanish GP win

Submitted at 5/13/2012 6:43:27 PM
Pastor Maldonado held off Fernando Alonso to win the Spanish Grand Prix on Sunday, though Williams' first Formula One victory for eight years was marred by a fire that broke out in the team's garage, injuring 31 people.
Top News/ Technology/
Total barbarity as Mexican cartel dumps 49 torsos along highway Washington Post
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Soccer: Fiorentina -Cagliari 0-0, an ugly match Agenzia Giornalistica Italia

(Andrea Rossi - Google News)
Submitted at 5/13/2012 11:04:22 AM
in recent weeks. On Wednesday, 18 mutilated Submitted at 5/13/2012 7:05:22 PM bodies turned up in abandoned Scrawled on a banner left with vehicles along a highway near the 49 victims was a message Guadalajara, Mexicos secondf r o m t h e Z e t a s d r u g g a n g largest city. Local news reporters asserting responsibility for the said that many of the victims had killings, said Jorge Domene, a nothing to do with the drug trade. spokesman for the state Zetas gangsters also took g o v e r n m e n t . T h e m e s s a g e responsibility for those killings, included threats to Mexican w h i c h w e r e a p p a r e n t l y i n authorities and the Zetas main retaliation for the murder of 23 of criminal rivals, the Gulf cartel and the cartels members in the border Sinaloa cartel kingpin Joaquin El city of Nuevo Laredo this month. Chapo Guzman. Those victims were found May 4, It was signed by the Zetas with nine hung from a bridge in alleged top leaders, Miguel ngel the center of town and the 14 Trevio Morales, known as Z- severed heads of the others left in 40, and Heriberto El Lazca coolers outside city hall. Lazcano Lazcano, Domene said. All of these acts are part of a T h i s w a s a n a c t o f t o t a l media strategy to get attention, barbarity, said Domene by said Javier Trevio, the former phone. Its part of the same thing lieutenant governor of Nuevo weve been seeing all over the Leon. country. Identifying the dead found With Mexicos presidential Sunday will be difficult given the election just seven weeks away, absence of identifying features, the countrys hyper-violent mafias Mexican officials said, but they have been seemingly engaged in a seemed eager to suggest that the gruesome game of one-upmanship 49 were not likely to have been
innocent victims. Some of the torsos had tattoos of Santa Muerte, or Saint Death, the iconic grim-reaper figure that is worshiped widely in Mexicos criminal underworld, they said. Forensic work will also be difficult because the victims appeared to have been dead at least 48 hours, and many of their bodies were covered in mud and dust. The site where they were dumped is near the tiny town of San Juan, about 75 miles south of the U.S. border town of Roma, Texas. Authorities searched the area and found no other victims, Domene said, emphasizing the possibility that the dead were murdered in another state or location and driven to the site to be dumped. They left them there so they would be seen, he said. None of the torsos had bullet wounds, and the bodies appeared to have been transported along the unpaved back roads that wind among local farms and ranches, Domene said. A large deployment
of Mexican federal police and soldiers has been sent to search the area. Mexicos presidential candidates have campaigned in the area on pledges that they will halt the violence that has turned the oncesafe industrial capital of northern Mexico, Monterrey, into a gangster horror show. An arson attack carried out by Zeta gunmen on a casino in the city killed 52 in August. Monterreys renowned business community has been besieged by kidnappers and extortionists, and the threat to the city is so great that it risks becoming a drag on the entire Mexican economy, experts warn. This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
Soccer: Fiorentina-Cagliari 0-0, an ugly match Agenzia Giornalistica Italia Protests came from the stands aimed at Andrea Della Valle for the poor season and who left "Franchi" stadium after only 15 minutes of play. The public expressed its displeasure for Claudio Ranieri ("We don't want him") while they praised Delio Rossi...
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Top News/ Business/ Featured/
CSKA give away Euroleague title

Submitted at 5/13/2012 3:47:00 PM
Olympiacos' players hold up the trophy after winning the Euroleague (Reuters / Osman Orsal) Olympiacos are the new besketball Euroleague champions after producing a stunning comeback to beat favorites CSKA Moscow 62-61 in the final. -That Olympiacos won over Barcelona in the semis of the Final Four in Istanbul was considered a huge surprise, but it turned out the Greeks had another shock in store. CSKA were the better side on the pitch throughout the three quarters, but everything turned upside down in the last ten minutes of play. The Russians, who enjoyed a 19-
point lead at the middle of the game, found themselves just a one point up with 10 seconds to the buzzer. Ramunas Siskauskas still had a chance to seal the deal for the Armymen, but missed both of his free throws. Olympiacos had just enough time for the final attack, and Georgios Printezis netted a two-pointer with less than a second on the clock to drive the Greeks' fans into hysterics. Kostas Papanikolaou was the top scorer for the club from Piraeus with 18 points, while the Muscovites best man Milos Teodosic got 15 points on the night. The competitions MVP, Andrey Kirilenko, once again proved to be an essential part of CSKAs game, with 15 points in the bag.
The Greek comeback began when the AK-47 took a few minutes to rest in the beginning of the fourth quarter. CSKA lost the game they had in their hands with a 62-61 scoreline to grant Olympiacos their second Euroleague title. The club from Piraeus previously won Europes top basketball competition back in 1997. Meanwhile, Barcelona won the third place game, topping another Greek side, Panathinaikos, 74-69. This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
Pressure Builds on Dimon - Wall Street Journal

GREGORY ZUCKERMAN (Top Stories - Google News)
Panetta: 'There Is Seattle Housing Authority proposal for Yesler Terrace raises an Al Qaeda Presence in Syria' concern - The Seattle Times
(housing - Google News)
Submitted at 5/13/2012 6:36:47 PM
Seattle Housing Authority proposal for Yesler Terrace raises concern The Seattle Times By Bob Young To rebuild its
Daniel Halper (The Weekly World War II-era subsidized Standard) apartments at Yesler Terrace, Seattle Housing Authority (SHA) Submitted at 5/13/2012 8:24:00 AM has come up with a bold plan. The Secretary of Defense Leon authority sell prime parts of Panetta confirmed on Friday that Yesler's 30 acres on First Hill to private developers and use the... al Qaeda has a "presence in Syria."
Mr. Dimon is likely to face scrutiny Tuesday at a shareholder meeting in Florida. Submitted at 5/13/2012 6:42:08 PM On Friday, the bank suffered By DAN FITZPATRICK and more than $150 million in new GREGORY ZUCKERMAN paper losses in the trading of its Pressure built on J.P. Morgan chief investment office unit, Chase& Co. Chief Executive which made the complex bets tied James Dimon following the firm's to the value of corporate debt, a $2.3 billion trading loss, as a person familiar with the matter powerful advocate for stricter said. The firm is prepared for a Wall Street oversight said large total loss of more than $4 billion banks will "lose their battle" to over the next year, though the defang new regulations. positions could rebound, reducing Sen. Carl Levin (D., Mich.), a any loss, the person said. proponent of the Volcker rule Those expected to leave include limiting bank risk-taking and Ina Drew, head of the unit with other aspects of the Dodd-Frank the losses, and trader Bruno financial overhaul, made the Michel Iksil, known as the remarks as fallout from the losses "London Whale" for big positions continued to shake J.P. Morgan. he took in credit markets, people On Thursday, the bank disclosed familiar with the matter said. Both a massive trading bet that resulted declined to comment through the in the $2 billion-plus loss. Losses firm. have grown since then and are This entry passed through the likely to result this week in the Full-Text RSS service if this is departure of three of the highest your content and you're reading it ranking executives with direct ties on someone else's site, please read t o t h e i n v e s t m e n t s , p e o p l e the FAQ at fivefilters.org/contentfamiliar with the situation said. only/faq.php#publishers. Five Sen. Levin spoke on NBC's Filters recommends: Donate to "Meet the Press" after Mr. Dimon Wikileaks. described the loss on the show as a "terrible, egregious mistake."
10
Business/
This Is The Best Thing To Happen To Yahoo In Years (YHOO)

Henry Blodget (Business Insider)
the past decade has been the Board of Directors, which has made one disastrous mistake after Submitted at 5/13/2012 6:55:00 PM another. Individually, the board Today's events at Yahoo have the members are smart, capable potential to be a major positive people, but together, they have turning point for the company. made (and avoided making) First, Yahoo's dysfunctional decisions that have helped run the board actually moved relatively company into the ground. quickly to make a decision they With such a large number of had to make, which was to board members resigning, the new remove CEO Scott Thompson. board will have few ties to the By waiting a week to offer any past. sort of explanation for the bogus Third, the new Yahoo board degree on his bio--and then members--investor Dan Loeb, h a v i n g h i s e x p l a n a t i o n turnaround specialist Harry immediately and angrily exposed Wilson, and media consultant as a lie by the headhunting firm Michael Wolf--have expertise that he blamed for the mistake--there Yahoo desperately needs. Just as w a s n o c o n c e i v a b l e w a y important, they have no interest in Thompson could have remained preserving any status quo. as CEO. Lastly, and also very importantly, By being allowed to resign with the appointment of Ross instead of getting fired for cause, Levinsohn as CEO, Yahoo is Thompson will probably walk now, finally, being run by an away with a considerable amount executive who knows the business of money. This will be galling to that Yahoo is actually in: Digital those who are now convinced that Media. he fabricated the degree himself. For years, many people at Yahoo, But allowing the resignation was along with the Yahoo board, have expedient for Yahoo, and it will gazed with envy at the success of reduce any legal exposure the m o r e t e c h n o l o g y - o r i e n t e d c o m p a n y f a c e s f r o m f i l i n g companies like Google. Yahoo's erroneous statements with the own vision, meanwhile, has SEC. drifted all over the map. Terry Second, five Yahoo board Semel's regime was an old-media members resigned effective regime, and it took the company immediately. too far toward the old Hollywood The main problem at Yahoo over and TV media model. Jerry
Yang's regime wanted to turn the clock back to the "start page" model of the mid-1990s, without acknowledging that the industry had long since moved on. Carol Bartz's regime had no vision at all for where to take the company, at least not one that was visible to anyone inside or outside the company. The appointment of the unknown Scott Thompson as CEO, meanwhile, appeared to be an attempt to steer the company back toward technology. But Yahoo isn't in the "technology" business. It's also not strictly in the "media" business--at least not the oldmedia business. Yahoo's in the digital media
Yahoo's position in the digital media business, moreover, is an extraordinarily powerful one: It is both content creator and content distributor. And, like all good digital media companies, Yahoo is both a technology and a media company: It's product is a combination of both. Without great technology, you can't deliver great content, create communities, and build platforms. Without great content, meanwhile, you can't get anyone to use the great technology you build. With Ross Levinsohn at the helm, Yahoo can finally stop trying to become something other than what it is. Instead, it can finally celebrate what it is, and business. press forward to become a much And it is one of the most better digital media company. powerful digital media companies The Scott Thompson episode is in the world, with a staggering one of the most bizarre in 700 million users a month. corporate history. Importantly, The digital media business is not however, it has now led to as good a financial business as, sweeping change in a board that say, Google's search business, but seemed unable to function it has other virtues--such as the intelligently, and it has led to ability to inform, entertain, and Yahoo now having the right kind influence nearly a billion people of expertise at the top. around the world. That attribute Scott Thompson's fake resume, in has always been attractive and other words, has finally brought important to people in the media change to Yahoo that it has business. It's why many of them needed desperately for years. If work in the media business, for nothing else, Yahoo instead of, say, the technology shareholders can thank him for business or the investmentbanking business, both of which THIS page 11 often have bigger bottom lines.
Business/ Technology/
11
THIS
that. DISCLOSURE: I work for Yahoo (as a host of Yahoo Finance). I am a Yahoo shareholder (since 1998--oof). I know tons of people at Yahoo and on Yahoo's board. I know lots of Yahoo investors, many of whom I like personally. I like Ross Levinsohn, and I'm glad he's CEO of the company. Yahoo and Business Insider have a syndication partnership, which I am thrilled about. I like a lot of
Markets Are Going Demand for new housing Down

KRUGMAN: Here's How The set to pump market bubble Whole Eurozone Could Unravel bigger - Globe and Mail In Just A Matter Of Months
Joe Weisenthal (Business Insider) (housing - Google News)
Submitted at 5/13/2012 5:59:36 PM
other people in this drama personally and don't like to do things that make them not like me. So, basically, I'm conflicted out the wazoo. Please follow SAI on Twitter and Facebook. Join the conversation about this story
Joe Weisenthal (Business Insider)

Submitted at 5/13/2012 6:16:00 PM
He concludes: "And were talking about months, not years, for this to play out." Submitted at 5/13/2012 6:33:15 PM This might be extreme, but it Paul Krugman has a gloomy post might not be, but the key is that it this evening explaining how would be a Greek departure that quickly the whole Euro could would set it all off. A country unravel. leaving the Eurozone would have It basically goes like this: Greece terrible consequences, which leaves the euro "very possibly everyone realizes, and actually next month." That would lead to a that part of the reason that massive run on Italian and investors don't think it's going to Spanish banks. There would be happen -- because it would be so massive borrowing from the ECB bad. to prevent a banking collapse. At Please follow Money Game on which point Germany has to Twitter and Facebook. decide: Shoulder a major burden Join the conversation about this for the debts of Spain/Italy, etc., story or let it all go.
Globe and Mail Demand for new housing set to pump market bubble bigger Globe and Mail New numbers last week on
Canada's condo-juiced housing market are fanning fresh worries about a bubble in Canadian real estate. This week brings another temperature reading on the housing market sales of existing homes for April. and more
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Submitted at 5/13/2012 2:32:02 PM
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The weekend is over, and markets are going down. Here's a look at S&P futures, via FinViz: There hasn't been a ton of news over the weekend. JPMorgan was downgraded after the bell on Friday, and then today it was reported that three execs responsible for the big $2 billion trading loss were on their way out. China did an RRR cut on Saturday. And Greece is still talking, trying to form a government to avert a new election. Please follow Money Game on Twitter and Facebook. Join the conversation about this story
12
Business/ News Wire/ World News/
Unlocking housing Sack DVS to save BJP: key to disability, BSY aide - Deccan Herald aged care - The Age
(housing - Google News)
Submitted at 5/13/2012 4:49:41 PM
The Age Unlocking housing key to disability, aged care The Age The tricky thing is, by the time
State, only if Sadananda Gowda resigned as chief minister. Speaking to reporters on the these reforms are up and running, sidelines of a programme here, ... the foundations on which they are Deccan Herald M D Lakshminarayana, Daily News & Analysisbuilt - namely widespread home ownership and the availability of Chairperson of the Karnataka Karnataka CM meets meets affordable secure rental housing- H a n d l o o m D e v e l o p m e n t GadkariTimes of India -Hindustan will be crumbling. Rates of home Corporation, said on Sunday that Times the BJP would survive in the Yeddyurappa criticises BJP ownership among 24... and more
Submitted at 5/13/2012 7:10:25 PM
(Nation - Google News)
central leadership; praises Sonia Gandhi all 261 news articles Economic Times Yeddy hints at quitting, praises Sonia Calcutta Telegraph Daily News & Analysis- Times of India- The Hindu all 261 news articles
JPMorgan executives expected to leave over loss

(Reuters: Top News)
tied to bonds was rapidly losing money and had grown too big to Submitted at 5/13/2012 5:53:51 PM be quickly unwind, according to Sun May 13, 2012 6:53pm EDT one of the sources. But the (Reuters) - JPMorgan Chase & Co resignation was not immediately is expected this week to accept the accepted because of her past resignation of Chief Investment performance at the bank. Officer Ina Drew after the bank Until the $2 billion loss was lost $2 billion or more with a disclosed on Thursday night, failed hedging strategy using Drew was considered in the derivatives, sources close to the industry to be one of the best matter said on Sunday. managers of balance sheet risks. Two of Drew's subordinates who She is one of the highest paid were involved with the trades, executives at JPMorgan, earning Achilles Macris and Javier Martin more $15 million in each of the -Artajo, are expected to be asked last two years. to leave, according to the people "Ina is an amazing investor," said familiar with the matter. a money manager who knows Drew had repeatedly offered to Drew, but who declined to be resign after the bank discovered quoted by name. "She's done a that its portfolio of derivatives really good job over a lot of years.
But they only remember your last trade." CEO Jamie Dimon said when he announced the loss on Thursday that the bank was continuing to investigate what went wrong and that disciplinary actions would be taken. Dimon called the handling and oversight of the derivative portfolio "sloppy" and "stupid." Earlier on Sunday, Dimon said in a nationally-televised interview that bank executives had reacted badly to warning flags last month that it had large losses in financial derivatives trading. In the interview on NBC's "Meet the Press" television program, Dimon said bank executives were "completely wrong" in public
statements they made in April after being challenged over the trades in media reports. "We got very defensive. And people started justifying everything we did," Dimon said. "We told you something that was completely wrong a mere four weeks ago. The loss, and Dimon's failure to abide the warnings, have become major embarrassments and have given regulators new arguments for tightening controls on big banks and requiring them to hold more capital to cushion possible losses. The comments to NBC were Dimon's first public statements since he spoke to analysts in a conference call on Thursday. He
is scheduled to speak again on Tuesday at the company's annual meeting in Tampa, Florida. (Reporting by David Henry and Carrick Mollenkamp in New York and Rick Rothacker in Charlotte, North Carolina.; Editing by Marguerita Choy) This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
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13
Image Challenges Iran's Nuclear Plans

(FOXNews.com)
Submitted at 5/13/2012 7:33:12 PM
This undated rendering said to come from inside Iran' Parchin military site and obtained by The Associated Press from an official of a country tracking Iran's nuclear activities, shows a chamber of the type needed for nuclear arms-related tests that U.N. inspectors suspect Tehran has conducted at the site. AP VIENNA A drawing based on information from inside an Iranian military site shows an explosives containment chamber of the type needed for nuclear arms-related tests that U.N. inspectors suspect Tehran has conducted there. Iran denies such testing and has neither confirmed nor denied the existence of such a chamber. The computer-generated drawing was provided to The Associated Press by an official of a country tracking Iran's nuclear program who said it proves the structure exists, despite Tehran's refusal to acknowledge it. That official said the image is based on information from a person who had seen the chamber at the Parchin military site, adding that going into detail would endanger the life of that informant. The official comes from an IAEA member country that is severely critical of Iran's assertions that its nuclear activities are peaceful and asserts
they are a springboard for making atomic arms. A former senior IAEA official said he believes the drawing is accurate. Olli Heinonen, until last year the U.N. nuclear agency's deputy director general in charge of the Iran file, said it was "very similar" to a photo he recently saw that he believes to be the pressure chamber the IAEA suspects is at Parchin. He said even the colors of the computer-generated drawing matched that of the photo he had but declined to go into the origins of the photo to protect his source. After months of being rebuffed, IAEA and Iranian officials meet starting Monday in Vienna, and the IAEA will renew its attempt to gain access to the chamber, allegedly hidden in a building. Any evidence that Iran is hiding such an explosives containment tank, and details on how it functions, is significant for IAEA investigations. Beyond IAEA hopes of progress, that two-day meeting is being closely watched by six powers trying to persuade Iran to make nuclear concessions aimed at reducing fears that it may want to develop atomic arms as a moodsetter for May 23 talks between the six and Tehran in Baghdad. Warnings by Israel that it may attack Iran's nuclear facilities eased after Iran and the six - the United States, Russia, China, Britain, France and Germany met last month and agreed there
was enough common will for the Baghdad round. But with the Jewish state saying it is determined to stop Iran before it develops the capacity to build nuclear weapons, failure at the Iraq talks could turn such threats into reality. In Tehran on Sunday, Saeed Jalili, Iran's top nuclear negotiator, said it was up to the Western nations coming to the Baghdad talks to "build trust of the Iranian nation," adding, "Any kind of miscalculation by the West will block success of the talks." The IAEA has been stonewalled by Iran for more than four years in attempts to probe what it says is intelligence from member states strongly suggesting that Iran secretly worked on developing nuclear weapons. It first mentioned the suspected existence of the chamber in a November report that described "a large explosives containment vessel" for experiments on triggering a nuclear explosion, adding that it had satellite images "consistent with this information." It did not detail what the images showed. But a senior diplomat familiar with the IAEA's investigation who has also seen the image provided to the AP said they revealed a cylinder similar to the image at Parchin. Subsequent photos showed a roof and walls going up around the cylinder that then hid the chamber from satellite surveillance.
IAEA chief Yukiya Amano said in March that his agency has "credible information that indicates that Iran engaged in activities relevant to the development of nuclear explosive devices" at the site. Diplomats subsequently told the AP that the experiments also appear to have involved a small prototype neutron device used to spark a nuclear explosion - equipment that would be tested only if a country was trying to develop atomic weapons. Iran has strenuously denied conducting such work - and any intentions to build nuclear weapons - but has been less clear on whether the structure where it allegedly took place exists. The senior diplomat familiar with the IAEA investigations said the Iranians have refused to comment "one way or the other" on that issue to agency experts. He and others interviewed by the AP demanded anonymity because their information was privileged, and the official providing the drawing and other details on the structure also demanded that he and his country not be identified in return for sharing classified intelligence. Attempts to get Iranian comment were unsuccessful. A copy of the diagram was attached to an email sent to Ali Asghar Soltanieh, Iran's chief delegate to the IAEA, with a note that the AP would be asking for reaction. Subsequent phone calls over the weekend
went to his voice mail. The technology used for the suspected multipoint explosives trigger experiments is similar to that employed in manufacturing tiny industrialized diamonds, and the IAEA believes former Soviet scientist Vyacheslav Danilenko an expert in such diamondmaking - helped Iran with designing the chamber. Diplomats say Danilenko has told the agency that he did not work on such a chamber, but his son in law, identified by the diplomats as Vladimir Padalko, told the IAEA that the container was built under Danilenko's direct supervision. Repeated attempts by the AP and other media organizations to contact the two men have been unsuccessful since the IAEA revealed Danilenko's suspected involvement in November. "What one does inside such a chamber is conduct high explosives testing," said Mark Fitzpatrick, director of the NonProliferation and Disarmament Program of the International Institute for Strategic Studies. "You are going to make something go boom with maybe 70 kilograms (more than 150 pounds) of high explosives, you need to contain the explosion. "And particularly if you are using uranium, which is reportedly the case, you want to contain all the uranium dust so there's not any tell-tale, observable signals of that IMAGE page 17
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News Wire/
Yahoo CEO out, board settles with investor

(Reuters: Top News)
Submitted at 5/13/2012 5:26:32 PM
The Yahoo! offices are pictured in Santa Monica, California April 18, 2011. Credit: Reuters/Mario Anzuoni By Alexei Oreskovic SAN FRANCISCO| Sun May 13, 2012 6:26pm EDT (Reuters) - Yahoo Inc Chief Executive Scott Thompson has stepped down after a controversy over a fake computer science college degree on his biography, the third CEO in three years to leave the Internet company struggling to define its future. The departure is a victory for hedge fund manager Daniel Loeb of Third Point LLC, which is one of Yahoo's largest outside shareholders and brought the discrepancy in Thompson's educational background to light. Yahoo said in a statement that its global media head, Ross Levinsohn, will be interim CEO, replacing Thompson who has left the company. It did not give a reason for his exit but said the board had settled a proxy battle with Third Point and will nominate three of its slate of four candidates to Yahoo's board. Thompson's departure after just four months on the job throws into question the future of Yahoo as it struggles to revive growth amid fierce competition from the likes of Google Inc and Facebook Inc, and produce a long-term strategy to convince investors to
reverse its share slide. Yahoo had recently resumed negotiations to sell all or part of its more than 40 percent stake in Chinese Internet and e-commerce company Alibaba back to the Chinese company, after torpedoing a previous plan to do a complex tax-free transaction. "Truly unreal. This company was struggling to find its path before any of this happened, and the situation will make them lost in the woods for that much longer," Macquarie Securities analyst Ben Schacter said. "It is not an overstatement to say that Yahoo has profound structural problems." "The key question for shareholders remains how will they monetize the Asia assets. The board and shareholders, not an interim CEO, will need to figure it out," Schacter said. Levinsohn, who made his name running News Corp's Fox digital business, is often mentioned as a CEO contender but the company went first with Carol Bartz in January 2009, fired her in September last year, and then named Thompson, the former president of eBay Inc division PayPal, in January. "The disfunctionality of this company is relatively unparalleled. Nothing they do seems to work," said Lawrence Haverty, a fund manager with GAMCO Investors, which owns Yahoo shares. "Right now I think a sale of the company is the best
option. We believe the assets are worth somewhere north of $20 a share on a break up basis." Yahoo shares closed at $15.19 on Nasdaq on Friday. The company also appointed new director Fred Amoroso as chairman of the board, replacing Roy Bostock who left in February. "Importantly, today's announcements lay to rest the unfortunate and serious distractions surrounding our senior leadership and the composition of our Board going forward," Levinsohn wrote in a staff memo on Sunday. He added, "I believe in the tremendous strength and value of our brand, and in our relationship with our users and partners." A media veteran, Levinsohn is popular among Yahoo's rank-andfile and has credentials as a negotiator. He had helped steer News Corp's acquisition of MySpace, and had started an investment fund to buy interests in various digital and media companies across the globe before joining Yahoo. Levinsohn, who previously headed up Yahoo's Americas business, holds a Bachelor of Arts in Communications from The American University according to Yahoo's website. "He is well-respected in the Valley, Hollywood and on Madison Avenue," said Jason Hirschhorn, a former MTV digital executive. "Yahoo has to lean into media and he has the plan."
A HASTY EXIT Yahoo acknowledged last week that Thompson does not have a computer science degree despite what was stated in his official company biography and in regulatory filings with the U.S. Securities and Exchange Commission. In its first-quarter 10-Q filing with the SEC last Wednesday, Yahoo acknowledged that "uncertainties" about Thompson and questions about the company's "future direction" could hurt business opportunities and make it difficult to attract employees and business partners. Emails sent to Thompson's official Yahoo email address were already bouncing back on Sunday morning. He had only just began to push through a new strategy that included layoffs of 2000 people, or almost a 10th of its workforce. Thompson had indicated his intention to move the company away from its dependence on display advertising and focus more on data and personalization, but it is not clear if Levinsohn, whose background is in advertising, would keep the plan intact. Loeb, who has accused Yahoo of being dismissive of investors' input, said he was happy to join the board along with his other nominees Michael Wolf and Harry Wilson: "We are confident this Board will benefit from shareholder representation, and
we are committed to working with new leadership to unlock Yahoo's significant potential and value." Third Point owns a 5.8 percent stake in Yahoo. "This is a big victory for Third Point. It strengthens their argument that this board was dysfunctional, and it's going to increase Third Point's ability to shape the direction of the company," Colin Gillis of BGC said. "Net net, this is a positive. It puts the situation behind. It was impossible for him (Thompson) to function effectively." Thompson's departure was reported earlier by the widely followed technology blog AllThingsD. Yahoo was a dominant player in the early days of the Internet but has struggled for years to maintain its relevance as social media, mobile computing and highly personalized advertising have redefined the industry landscape. While brands such as Yahoo News, Yahoo Sports and Yahoo Finance remain among the most popular destinations on the Web, a relentless industry-wide decline in display advertising prices has made it difficult to make money on those assets and raised questions about the long-term viability of an ad-based strategy. Some said Yahoo could ill-afford yet another controversial CEO departure. YAHOO page 17
News Wire/
15
Obama's Gay Marriage View To Give Boost to Romney?

(FOXNews.com)
Submitted at 5/13/2012 7:33:12 PM
Prominent social conservatives are claiming that President Obama's endorsement of gay marriage could be the fuel Mitt Romney needs to unite the right in November. Rick Santorum, the former Republican presidential candidate, is on record urging Romney to use this "potent weapon" against the president in the general election. And Family Research Council President Tony Perkins on Sunday called the president's announcement a "missing piece of intensity" for the presumptive GOP nominee. Though gay marriage was not an issue that factored prominently into the 2012 election season until this past Wednesday, when Obama made his historic announcement, the clear distinction now between Obama and Romney has elevated the matter. Obama has said he didn't make a political calculation when he decided to take the plunge and announce his support for the unions. Now officials and activists on both sides of the aisle are
suggesting that, while Obama has used the issue to raise millions of dollars for his campaign this past week, the announcement is not necessarily a political winner in the fall. "I don't think the president did a political calculus to do this because if he did, he needs to go
back to the calculator because it's a bad formula," Perkins told CBS' "Face the Nation." Perkins called gay marriage a "serious issue" for Americans, and reportedly claimed Obama "helped fit that missing piece of intensity that Mitt Romney is going to need."
Speaking on CNN's "State of the Union," American Values President Gary Bauer claimed Obama had taken "six or seven states he carried in 2008 and put them in play" with his endorsement of same-sex marriage. On the other side of the aisle,
Democratic Sen. Dianne Feinstein told "Fox News Sunday" she thinks there was "no political calculus in this because it's not smart." "If he's going to do it from a political point of view, it doesn't OBAMA'S page 18
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News Wire/
Coalition talks stall, Greece faces "moment of truth"

(Reuters: Top News)
surprise second place in the vote. The other leader at the morning talks - Socialist leader Evangelos By Lefteris Papadimas and Harry Venizelos - said he was holding Papachristou on to hopes that a deal could still ATHENS| Sun May 13, 2012 be salvaged, but warned time was 5:28pm EDT running out. (Reuters) - Greek political leaders "Despite the impasse at the on Sunday ignored a final plea m e e t i n g w e h a d w i t h t h e from the president to form a president, I hold on to some coalition government to avert a l i m i t e d o p t i m i s m t h a t a repeat election, pushing the debt- government can be formed," said s t r i c k e n n a t i o n c l o s e r t o Venizelos, whose PASOK party bankruptcy and a possible exit finished a humiliating third in the from the euro zone. election, a shadow of its former Leaders of the three biggest might. parties met at the presidential "The moment of truth has come. mansion for a final attempt to We either form a government or bridge their differences, but the we go to elections." talks quickly hit an impasse as Both New Democracy and they traded accusations on a PASOK - which have taken turns deeply unpopular bailout package in ruling Greece for nearly four tied to harsh spending cuts. decades and jointly negotiated a Conservative leader Antonis bailout that requires deep cuts in Samaras, who finished first in last wages, pensions and spending week's election, pinned the blame are eager to avoid facing the on the far-left SYRIZA party, voters again. which flatly rules out backing a Polls since the election show the p r o - b a i l o u t c o a l i t i o n w i t h balance of power tipping even Samaras's New Democracy and further towards opponents of the Socialist PASOK parties. bailout, who were divided among " T h e y a r e n o t a s k i n g f o r several small parties but now agreement, they are asking us to appear to be rallying behind be their partners in crime and we T s i p r a s , a 3 7 - y e a r - o l d e x will not be their accomplices," C o m m u n i s t s t u d e n t l e a d e r . said Alexis Tsipras, who has Tsipras has injected a dose of become an overnight sensation enthusiasm into the squabbling since leading SYRIZA to a left and offered hope to millions
Submitted at 5/13/2012 4:28:14 PM
of austerity-weary Greeks by promising to rip up the bailout deal without abandoning the euro, saying Europe cannot afford to cut Greece loose. European leaders have retorted that the country will not get new loans to stay afloat if it fails to honor its pledges, while banks and some companies like travel operator Kuoni have begun to prepare for a Greek exit from the eurozone. But Greek voters remain unfazed. Indeed, they are expected to hand SYRIZA a first-place finish in a new election, winning the party an automatic extra 50 seats at the expense of Samaras. ELECTIONS AGAIN President Karolos Papoulias now meets the small parties that made it parliament from 1630 GMT onwards in a last-ditch bid to stitch together some form of a "national unity" government. His final hope rests with the small Democratic Left party led by lawyer Fotis Kouvelis, which could provide enough seats to form a government with New Democracy and PASOK. But it says it will not do so unless the coalition also includes SYRIZA. Papoulias' list of meetings also include the far right Golden Dawn, which made it parliament for the first time in its history on
an anti-immigrant and antipolitician platform. In one of the unfolding drama's many sub-plots, Greeks will watch with interest to see how the president, a revered 82-year-old veteran of the World War II antiNazi resistance, receives a group whose members give Nazi-style salutes. The constitution sets no deadline for Papoulias to complete his search for a deal and he has given no indication how long he will spend trying before he calls a new election. Greeks seem resigned to returning to the polls. "Why would we believe they'll agree on something? All they care about is being in power and we're sitting here not even able to pay our electricity bills," said Maria Kissou, 53, a corner shop owner in Athens. "Let us go to elections again." Kissou voted for Tsipras on May 6. "He's young, I like him because at least he's trying to renegotiate with the Europeans," Kissou said. Supporters of the two establishment parties will be hoping that if a new election is held, Greeks will be frightened of the prospect of leaving the euro and return to the fold. Polls show an overwhelming
majority of Greeks reject the bailout but want to keep the euro a position widely regarded as untenable. As many as 78.1 percent want the new government to do whatever it takes to keep their country in the currency, a poll by Kappa Research for To Vima daily showed. In a sign of the shifting mood in Europe towards Greece, Germany's influential Der Spiegel magazine suggested an exit from the euro zone may now be the best option in a front-page Its front page headline read: "Acropolis, Adieu! Why Greece must leave the euro." "The Greeks were never ripe for the currency union and they still are not today," the German magazine wrote in an editorial. "Only an exit of Greece from the euro zone gives the country a chance in the long term to get back on its feet." (Writing by Deepa Babington; Editing by Giles Elgood) This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
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experimentation." The official who provided the drawing also shared the following information on the chamber: ORIGINS -Built in the early 2000s by Azar AB Industries Co. in the city of Arak and then transported to Parchin. Both the senior diplomat familiar with the IAEA investigations and Heinonen, the former senior IAEA official, confirmed this. Company officials did not answer calls seeking comment. SIZE -Volume: 300 cubic meters, or about 10,600 feet. Diameter: 4.6 meters, or 15.09 feet. Length: 18. 8 meters, or 61.68 feet. The senior diplomat confirmed the measurements. EQUIPPED WITH -A vacuum pump used to remove air from the chamber to minimize pressure that could damage the structure during an explosion; a compressor that shoots water into the chamber after testing to flood and clean it; a septic tank that receives the waste; an elevation system to suspend the explosives in the upper part of the chamber during testing; and a neutron detection system outside the explosion chamber to measure neutron emissions. The senior diplomat said these features would make sense, or such testing, but could not verify they existed, suggesting they may have been added after the Iranians put up the superstructure shielding the chamber from satellite surveillance.
TIME FRAME -The official said the chamber was used for detonation experiments in 2003, 2005 and 2006. Two officials familiar with the investigations said the first date appeared to be valid but they had no information of subsequent experiments. The United States believes Iran stopped working on a concerted nuclear weapons program at various sites after 2003, while the IAEA suspects Tehran is continuing some work but in a much less organized way than before 2003. THE SCIENTISTS -Seyed Ashgar Hashemi-Tabar, described as "an expert in measuring detonation phenomena" and not previously identified. Acting on information from the same official, the AP previously named other scientists allegedly involved as Fereydoun Abbasi, the current head of Iran's nuclear agency, who escaped an assassination attempt in 2010; Darious Rezainejad, who was killed by a car bomb last year; and Reza Ibrahimi. Inspecting the site at Parchin, southeast of the capital, Tehran, was a key request made by senior IAEA teams that visited Tehran in January and February. Iran rebuffed those demands and subsequent ones - the most recent within the last two weeks - as well as attempts by the nuclear agency to question Iranian officials and secure other information linked to the allegations of secret weapons work. At the same time, the IAEA has
voiced alarm at unexplained "activity" at the site - a term diplomats familiar with the agency's concerns say stands for attempts to clean up any evidence of the kinds of experiments the agency suspects were carried out. A second senior diplomat familiar with the investigation recently told the AP that spy satellite images shared with the agency show what seems to be water streaming from the building housing the chamber. He said it also depicts workers removing bags of material from that building and put on vehicles outside. A third senior diplomat said that the apparent cleanup was continuing in early May, the last time he had seen the images. Iran has scoffed at suggestions of a cleanup in general and of testing a neutron device in particular, with Foreign Ministry spokesman Ramin Mahmanparast asserting that nuclear contamination cannot be washed away. But experts challenge that assertion. A cleanup "could involve grinding down the surfaces inside the building, collecting the dust and then washing the area thoroughly," said David Albright, whose Institute for Science and International Security in Washington looks for signs of nuclear proliferation. "This could be followed with new building materials and paint. "It could also involve removing any dirt around the building thought to contain contaminants," Albright said in a statement
emailed to selected recipients. "These types of activities could be effective in defeating environmental sampling." Fitzpatrick, the other nuclear nonproliferation expert, also said a cleanup could be effective. "In the past, the IAEA has been able to catch out Iran by going to a building that Iran tried to clean and they still found traces of uranium," he said. "And Iran learned from that and they learned that `boy you have to scrub everything really clean; get down into the drains and grind away any possible residue."' Print Email Share Comments Recommend Tweet Share This Article Newsletter Signup Sign up for free e-mail news alerts from FoxNews.com and FoxBusiness.com. Newsletter Signup This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
"This CEO mess is going to leave Yahoo all tied up for at least several more quarters," said industry analyst Jeff Kagan. "They have tried several strategies with several CEOs and they just can't stop the fall." (Additional reporting by Lynn Adler and Tiffany Wu in New York, and Edwin Chan in San Francisco; editing by Maureen Bavdek, Marguerita Choy and Diane Craft) This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
Kuchar captures Players Championship

Submitted at 5/13/2012 6:47:46 PM
American Matt Kuchar kept his composure while others around him caved under the pressure to win The Players Championship tournament by two shots on Sunday.
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Technology/ World News/
OBAMA'S
make any sense," she said. Feinstein defended the president, though, saying his announcement was not a "flip-flop." She said Obama's "personal" evolution on gay marriage is one she went through as well. Romney, for his part, has not made too many political predictions regarding Obama's gay marriage endorsement, but has reiterated in public his opposition to same-sex marriage since that Wednesday announcement. He again made his position clear during a major address Saturday to the evangelical Liberty University. Republican Party figures say the economy will remain the most important issue in the 2012 race despite the emergence of the gay marriage debate, but suggest that Obama's popularity will suffer -noting that the number of states that have statutory or constitutional bans on gay marriage far outweighs the number that have legalized it. Republican National Committee Chairman Reince Priebus said on NBC's "Meet the Press" that, for
those voters who consider gay marriage the top issue, they now "have a clear choice" in November. "I think the view that Gov. Romney holds on traditional marriage is the view that's held by a lot of people across this country," Sen. John Thune, RS.D., considered to be a contender for the Romney running mate slot, told "Fox News Sunday." "There are more than 30 states who either by statute or constitutional amendment have defined marriage as being between a man and a woman." Yet recent polling on the issue shows a mixed picture. A USA Today/Gallup poll conducted May 10 showed a majority of Americans back Obama's endorsement. According to the poll of 1,013 adults, 51 percent approved of the decision while 45 percent disapproved. Sixty percent of those polled said the decision would make no difference in their vote. Still, the poll showed 26 percent were less likely to vote for Obama because of it, while just 13 percent were more likely to back
Obama. Speaking on ABC's "This Week," the first openly gay member of Congress predicted Sunday that all the fanfare surrounding Obama's announcement would amount to not very much at the polls. "If you were going to cast your vote based on a candidate's position regarding same-sex marriage, you were already going to vote for Obama-Romney based on that," Rep. Barney Frank, DMass., said. "I literally don't think anybody's vote was changed by this one way or the other." Frank argued that the Obama administration already had pushed for the repeal of the "don't ask, don't tell" policy banning gays from serving openly in the military, and already had dropped its legal defense of the Defense of Marriage Act, which defines marriage as between one man and one woman. "I can't think there are many people who said, OK, well, I'm going to vote for Obama even though he said that the Defense of Marriage Act is unconstitutional and he said gay people can serve
in the military. But if he says marriage, that goes too far," said Frank, who plans to retire at the end of his current term. Print Email Share Comments Recommend Tweet Related Stories Openly gay rep says Obama's same-sex marriage endorsement won't sway votes Share This Article Newsletter Signup Sign up for free e-mail news alerts from FoxNews.com and FoxBusiness.com. Newsletter Signup This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
Gadkari on Hatia mission, meets Arjun Munda in hospital - Times of India

Submitted at 5/13/2012 6:45:12 PM
Daily Mail Gadkari on Hatia mission, meets Arjun Munda in hospital Times of India RANCHI: BJP president Nitin Gadkari on Sunday called on chief minister Arjun Munda and others who were injured in the chopper crash. Six people, including the chief minister, had a miraculous escape in the crash at Birsa Munda airport on last Wednesday... Gadkari-Munda talk punarjanam Calcutta Telegraph Reinstalling Gadkari at the top will do BJP no good Daily Mail Gadkari says not in race to be prime ministerial candidate Economic Times Daily Pioneer- IBNLive.comHindustan Times all 55 news articles
Christian World Adoption

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19
Dozens of Bodies FoundDumped on Mexican Road

(FOXNews.com)
women were found in the town of San Juan on the non-toll highway to the border city of Reynosa at about 4 a.m. (5 a.m. EDT), May 13: Federal agents take forcing police and troops to close photographs of a sprayed 'Z,' the off the highway. Nuevo Leon symbol of Zetas drug cartel, on a state security spokesman Jorge pillar at a crime scene in the D o m e n e s a i d a t a n e w s m u n i c i p a l i t y o f C a d e r e y t a . conference that a banner left at the Reuters site bore a message with the Zetas drug cartel taking responsibility MONTERREY, Mexico Forty- for the massacre. nine decapitated and mutilated Domene said the fact the bodies b o d i e s w e r e f o u n d S u n d a y were found with the heads, hands dumped on a highway connecting and feet cut off will make the northern Mexican metropolis identification difficult. The bodies of Monterrey to the U.S. border in were being taken to Monterrey for what appears to be the latest blow DNA tests. i n a n e s c a l a t i n g w a r o f De la Garza said the victims intimidation among drug gangs. could have been killed as long as Mexico's organized crime groups two days ago at another location, often abandon multiple bodies in then transported to San Juan, a public places as warnings to their town in Cadereyta municipality, rivals, and authorities said at least about 105 miles west-southwest a few of the recent victims had of McAllen, Texas, or 75 miles tattoos of the Santa Muerte cult southwest of the Roma, Texas, popular among drug traffickers. border crossing. But Nuevo Leon state Attorney Mexican drug cartels have been General Adrian de la Garza said waging an increasingly bloody he did not rule out the possibility war to control smuggling routes, that the victims were U.S.-bound t h e l o c a l d r u g m a r k e t a n d migrants. extortion rackets, including The bodies of the 43 men and six shakedowns of migrants seeking
Submitted at 5/13/2012 7:33:12 PM
to reach the United States. A drug gang allied with the Sinaloa cartel left 35 bodies at a freeway overpass in the city of Veracruz in September, and police found 32 other bodies, apparently killed by the same gang, a few days after that. The goal apparently was to take over territory that had been dominated by the Zetas. Twenty-six bodies were found in November in Guadalajara, another territory being disputed by the Zetas and the Sinaloa group. So far this month, 23 bodies were found dumped or hanging in the city of Nuevo Laredo and 18 were found along a highway south of Guadalajara, Mexico's secondlargest city. In April, police found the mutilated bodies of 14 men in a minivan abandoned in downtown Nuevo Laredo, along with a message from an undisclosed drug gang. Also in April, the tortured and bound bodies of seven men were dumped in the Pacific port city of Lazaro Cardenas along with messages signed by allies of the Sinaloa drug gang. Officials last year found 193
bodies in mass graves in the Tamaulipas state town of San Fernando. They were believed to have been migrants killed by the Zetas drug cartel. Another 72 migrants, many of them from Central America, were found slain in San Fernando in 2010. Print Email Share Comments Recommend Tweet Share This Article Newsletter Signup Sign up for free e-mail news alerts from FoxNews.com and FoxBusiness.com. Newsletter Signup This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
Father and son die and two in hospital after incident on river Avon - The Guardian
Submitted at 5/13/2012 6:39:25 PM
The Guardian Father and son die and two in hospital after incident on river Avon The Guardian A father and his three-year-old son have died after their boat overturned at a weir during an afternoon trip on the river Avon in Warwickshire Two other children who were in the boat when the accident happened on Saturday are being treated in hospital. Father and son die in weir tragedy The Press Association River drowning: father bought rowing boat days earlier Telegraph.co.uk Julian Mynott, 42, bought rowing boat just days earlier and was excited about... Daily Mail BBC News- The IndependentExpress.co.uk all 911 news articles
The ROI of your MOM [infographic]

(Holy Kaw!)
Submitted at 5/13/2012 5:51:00 PM
Conclusion: Your mom is worth every penny you have invested in her.
Via Flowtown.
For the love of mom. Permalink| Leave a comment
20
News Wire/ World News/
Epoch Times | National, Hague tells British businesses complaining World, China, Sports, to stopIrish Times and work hard Entertainment News
(Nation - Google News) (Epoch Times | National, World, China, Sports, Entertainment News)
Top Stories During a reported face-off in a meeting of the Party's Politburo last week, Wen Jiabao has "declared war" on Zhou Yongkang. Hundreds of people from around the world gathered outside the U.N. building in New York City on Friday to celebrate the 20th anniversary of the introduction of Falun Gong. Sixteen veteran CCP cadres write an open letter asking to investigate and punish Zhou Yongkang.
When NATO leaders meet in Chicago this month they will largely be focused on the withdrawal of NATO forces from Afghanistan and the alliances weakened military capabilities. India is hungry for energy, and Singraulithe energy capital of Indiais providing it with its needs. Its human costs, however, are becoming increasingly clear. This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
Submitted at 5/13/2012 7:13:01 PM
Sydney Morning Herald Hague tells British businesses to stop complaining and work hard Irish Times British foreign secretary William Hague yesterday told business to stop complaining about the government, insisting the only answer to Britain's economic woes was hard work. There's only one growth strategy: work
hard, he told the Sunday Telegraph. Hague tells bosses to work harder BBC News William Hague infuriates business owners Fresh Business Thinking William Hague: David Cameron is the sanest person to lead the Conservative... Telegraph.co.uk Yorkshire Post- Express.co.uk all 247 news articles
Speedway rider Lee Richardson dies - Belfast Telegraph

Submitted at 5/13/2012 6:42:20 PM
60-yr-old cartoon and a lesson in intolerance - Times of India

Submitted at 5/13/2012 6:34:40 PM
Belfast Telegraph Speedway rider Lee Richardson dies Belfast Telegraph Speedway rider Lee Richardson has died following a crash in Poland, his British team have confirmed. Richardson, 33, was competing for PGE Marma Rzeszow against Betard Sparta Wroclaw when he crashed into a safety fence. The Lakeside Hammers captain was... Speedway Rider Lee Richardson Killed In Crash Sky News Speedway rider Lee Richardson dies in crash BBC News British speedway rider killed after collision with safety fence as he rode in... Daily Mail Canada.com- Reuters UK- The Guardian all 200 news articles
Moneycontrol.com 60-yr-old cartoon and a lesson in intolerance Times of India
A cartoon drawn 60 years ago by the father of political cartooning in India, Keshav Shankar Pillai, to lampoon the snail-paced work of framing the Constitution, found its place in a Class XI text book in 2006. From that cartoon, the
students must have... Ambedkar cartoon: All parties and the government failed democracy Economic Times MPs want more cartoons out of school books Indian Express Activists vandalise scholar's
office The Hindu Daily News & AnalysisGreaterKashmir.comIBNLive.com all 331 news articles
World News/ Technology/ Culture/
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Thomson's explanation Woman charged over 'invention': Brandis - fatal Sydney stabbing Ninemsn - Herald Sun
Submitted at 5/13/2012 7:08:22 PM
The West Australian Thomson's explanation 'invention': Brandis Ninemsn Shadow attorney-general George Brandis says he doesn't believe a word of the explanation given by federal MP Craig Thomson regarding findings he misused Health Services Union (HSU)
funds. In weekend interviews Mr Thomson gave his take on a Fair Work... Indies push for tougher rules for MPs The Australian Opposition rubbishes Thomson's plot claims Business Spectator Tony Windsor out to get tough on politicans who commit civil offences The Daily Telegraph Herald Sun all 324 news articles

Submitted at 5/13/2012 7:07:29 PM
BigPond News Woman charged over fatal Sydney stabbing Herald Sun A WOMAN has been charged with stabbing a man to death in Sydney's inner west. The 28-yearold man was found unconscious with stab wounds in Livingstone Road, Marrickville, about 9.15pm
(AEST) yesterday. He was taken by ambulance to Prince Alfred... Woman charged with stabbing murder - Marrickville NSW Police Online (press release) Woman and two men arrested over fatal stabbing Sydney Morning Herald Three arrested over fatal Sydney stabbing Ninemsn Yahoo!7 News all 119 news articles
Troop withdrawal ahead of schedule The Daily Telegraph

Submitted at 5/13/2012 6:58:26 PM
Troop withdrawal ahead of schedule The Daily Telegraph AUSTRALIA'S troop withdrawal from Afghanistan is on track and could be completed ahead of schedule. Prime Minister Julia Gillard and Defence Minister
Stephen Smith this morning welcomed the announcement by Afghanistan's President, Hamid Karzai,... Australia on track in Afghanistan: PM Weekly Times Now PM says Aust on track in Afghanistan The West Australian all 11 news articles
Intentionally Clashing Editorials - The Teen Vogue May 2012 'Hot Topic' Photoshoot is Mismatched (TrendHunter.com)
Submitted at 5/13/2012 3:02:02 PM
Crayon Dragon
Ken Denmead (Wired Top Stories)
This entry passed through the Full-Text RSS service if this is your content and you're reading it Submitted at 5/13/2012 10:57:00 AM on someone else's site, please read Beautiful little animated short by the FAQ at fivefilters.org/contentfilm student Toniko Pantoja. only/faq.php#publishers. Five Something nice to share with the Filters recommends: Donate to mom in your life today. Wikileaks. [ First seen on io9.]
( TrendHunter.com) The Teen Vogue May 2012 Hot Topic' photoshoot showcases the work of Dominican Republic model Marihenny Rivera. While the publication is made to suit a younger audience, the styles...
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Technology/
Convertible Note Seed Financings: Founders Beware!

Scott Edward Walker (TechCrunch)
prior to the notes conversion (and prior to the notes maturity date, as discussed below). There are Submitted at 5/13/2012 5:55:20 PM generally three different Editors note: Scott Edward a p p r o a c h e s : Walker is the founder and CEO of 1) Money Back, Plus Interest Walker Corporate Law Group, a (Founder-Friendly). The first boutique corporate law firm approach is the most founderspecializing in the representation friendly, and it is a provision that of entrepreneurs. Check out his merely requires the startup to payblog or follow him on Twitter off the loan, plus interest. In as@ScottEdWalker. other words, in the event of the This post is the third part of a startups acquisition (which is three-part primer on convertible often broadly defined to include a note seed financings. Part 1, merger, change of control or sale entitled Everything You Ever of substantially all its assets), the W a n t e d T o K n o w A b o u t maturity date of the note would be Convertible Note Seed Financings accelerated, and the amount of the (But Were Afraid To Ask), loan, plus interest, would become addressed the basics. Part 2, d u e a t t h e c l o s i n g o f t h e entitled Convertible Note Seed acquisition. Obviously, this is not F i n a n c i n g s : E c o n 1 0 1 f o r very appealing to sophisticated F o u n d e r s , a d d r e s s e d t h e investors because their return on a economics. This part will address high-risk investment would only certain tricky issues. be the interest on the loan, which What Happens If a Startup is (as discussed in part 2) is typically Acquired Prior to the Notes 5%-7% annually. In Fenwick & Conversion to Shares of Preferred Wests 2011 Seed Financing Stock? Survey(the Fenwick Survey), As discussed in part 1, in the the percentage of convertible note context of a seed financing, a seed financings that utilized this convertible note is a loan that approach was 17% in 2010 and typically automatically converts 9% in 2011. into shares of preferred stock 2) Conversion Right (Investorupon the closing of a Series A Friendly). The second approach is round of financing. One of the the most investor-friendly, and it tricky issues that founders must is a provision that permits the address in the note is what noteholders to convert the notes happens if their startup is acquired into equity (or otherwise grants
them a certain percentage of the sale proceeds), based on an agreed -upon valuation of the startup. There are variations and complicated language that are typically negotiated to address the conversion right; however, the bottom line is that the noteholders would be able to share in any upside if the startup were acquired. For example, lets assume that the noteholders invested $500,000 and were granted the right to convert into shares of common stock at a $4.5 million valuation in the event the startup were acquired prior to the Series A round (or other qualified financing). If the startup were then acquired for $20 million, the noteholders would receive $2 million or 10% of the proceeds (not including accrued interest), by converting the $500,000 loan into shares of common stock representing 10% of the issued and outstanding shares, postconversion ($500,000 divided by the sum of $4,500,000 and $500,000). In the Fenwick Survey, the percentage of convertible note seed financings that utilized this approach and thus granted the noteholders a right to convert at an agreed-upon valuation was 33% in 2010 and 65% in 2011. 3) Premium (Intermediate
Approach). The third approach is generally deemed an intermediate approach, and it is a provision granting the investors the right to get their money back with interest, plus a premium, which is typically drafted as a multiple of the principal amount of the loan (generally in the 0.25x to 1.50x range). Using our example above, and assuming a 1.0x premium, the noteholders would receive $1 million, plus interest, computed as follows: $500,000 (principal amount) plus $500,000 (premium) plus interest, which is obviously $1 million less than investors with a conversion right would receive. Notice, however, that this socalled intermediate approach can actually be the most beneficial to noteholders (and the least beneficial to the founders) if the startup were sold for a relatively low price. Using our example above, but dropping the purchase price to $7 million, we can see that the noteholders would receive (i) $700,000 (10% of $7 million), plus interest, if they converted the note into shares of common stock; and (ii) $1 million, plus interest, if they were granted a 1x premium (an additional $300,000). This is why many sophisticated investors will push for both a conversion right and a premium, with the right to choose the higher amount. (Sophisticated investors
will also push for a provision prohibiting the pre-payment of the loan to prevent an end-run around the second and/or third approach.) In the Fenwick Survey, (i) the percentage of convertible note seed financings that granted the noteholders a right to receive a premium was 50% in 2010 and 61% in 2011; (ii) the median premium was 0.75x in 2010 and 1.0x in 2011; and (iii) the percentage of convertible note seed financings that granted the noteholders both a conversion right and a premium was 0% in 2010 and 35% in 2011. What Happens If the Maturity Date Is Reached Prior to the Notes Conversion to Shares of Preferred Stock? This is another tricky issue. Founders must not forget that a convertible note is a loan and, like most loans, has a fixed due date (or maturity date) for repayment of the total amount borrowed, plus interest. Convertible notes are thus ticking time bombs: if the maturity date is reached, and there hasnt been a Series A round (triggering the automatic conversion of the notes into shares of preferred stock), there is the potential for disaster. The maturity date for convertible notes typically ranges from 12 to CONVERTIBLE page 25
Technology/
23
No More Beating Around The Bush At Yahoo: Thompson Is Out, Levinsohn In As CEO, Effective Immediately
Ingrid Lunden (TechCrunch)
Submitted at 5/13/2012 2:46:35 PM
Well, after days and days of nothing, suddenly things are moving at a fast clip. After news came out just hours ago that Thompson might be leaving the company tomorrow, moments ago Yahoo officially confirmed the news, as we reported earlier: Ross Levinsohn is now interim Chief Executive Officer, replacing Scott Thompson, and Fred Amoroso is chairman of the board. Scott Thompsons departure and the reasons for it are not mentioned at all in the statement, which simply says he has left the company. (Earlier a report in AllThingsD had said he would resign for personal reasons, although at least in this statement nothing at all is mentioned for why he has left.) The announcement from Yahoo also underscores how activist shareholder Third Point is very much a key player in all of this. Third Point, led by Daniel Loeb, is a 5.8 percent shareholder in Yahoo and had been behind some of the strongest statements against Scott Thompson and his continuing tenure even after it emerged that Thompson had not
been entirely honest in stating his past experience, and for the boards responsibility in putting him there in the first place and then not taking decisive enough steps to remove him and put the company back in working order. All of that looks like water under the bridge for now at least. Yahoos statement says that with the changes being announced today Third Point has agreed to settle its pending proxy contest related to the companys 2012 annual meeting of shareholders. We are committed to working with new leadership to unlock Yahoo!s significant potential and value, said Loeb in the statement. Amoroso replaces Roy Bostock, who was one of the key people who had appointed Scott Thompson as CEO earlier this year. Yahoo gives the reason for his departure as being done to accelerate the leadership transition for the new Board. Other board appointments are as follows: Three Third Point nominees Daniel S. Loeb, Harry J. Wilson, and Michael J. Wolf will join the Yahoo! Board, effective May 16, 2012. In addition to Bostock, Patti Hart, VJ Joshi, Arthur Kern and Gary
Wilson and Thompson are all stepping down from the board immediately. The big question now is what next for Yahoo. Thompson in very quick order, something he had been determined to do cut a lot of staff (numbering in the thousands); slashed several programs (including some 50 properties, mobile sites, and more) and looked like he was trying to turn around the big purple ship to sail in a different direction from the one it was going in before, initiating for example a new commerce division, and quite amazingly Yahoo also lodged a patent lawsuit against Facebook in the process, setting out a position for itself as a defensive company using more than just current business initiatives to make sure it remained competitive. So will Levinsohn be continuing with any of that, or will he be starting yet another clean slate for the company? As I mentioned in the earlier post, Levinsohns experience is pretty radically different from Thompsons and if his interim position is any longer than five minutes he may have a chance to play some of that out.
Some have already speculated that we may see a settlement to the patent suits. That would at least help Yahoos image problem among those in the tech world who were disheartened to hear of the suit and what it signified both for Yahoo and the state of patent litigation. Release below. SUNNYVALE, Calif. Yahoo! Inc. (NASDAQ: YHOO) today announced that the Board of Directors has named Fred Amoroso as Chairman of the Board of Directors and Ross Levinsohn as interim Chief Executive Officer, effective immediately. The Company also announced that its Board has reached an agreement with Third Point LLC (Third Point) to settle its pending proxy contest related to the Companys 2012 annual meeting of shareholders. Mr. Amoroso replaces Roy Bostock, who has stepped down from his role as Non-Executive Chairman in order to accelerate the leadership transition for the new Board. Mr. Levinsohn replaces Scott Thompson, former Chief Executive Officer, who has left the Company. Under the Boards settlement agreement with Third Point, three
Third Point nominees Daniel S. Loeb, Harry J. Wilson, and Michael J. Wolf will join the Yahoo! Board, effective May 16, 2012. Mr. Bostock, along with Patti Hart, VJ Joshi, Arthur Kern and Gary Wilson, all of whom previously disclosed their intentions not to stand for reelection, as well as Mr. Thompson, have decided to step down from the Board immediately. As a part of the settlement agreement, Third Point, which owns an aggregate of 70,545,400 shares, or 5.8% of Yahoo! common stock, has agreed to withdraw its previous Board nominations for consideration at the annual meeting and vote its shares in support of Yahoo!s nominees. Yahoo!s slate of director nominees for election or re-election at the 2012 annual meeting of stockholders will now include Fred Amoroso, John Hayes, Peter Liguori, Thomas McInerney, Maynard Webb, Sue James, David Kenny, Brad Smith, Daniel S. Loeb, Harry J. Wilson and Michael J. Wolf. As interim CEO, Mr. Levinsohn will manage the Companys dayMORE page 24
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to-day operations with assistance from Yahoo!s existing senior leadership team. The Board is pleased to announce these changes and the settlement with Third Point, and is confident that they will serve the best interests of our shareholders and further accelerate the substantial advances the Company has made operationally and organizationally since last August. The Board believes in the strength of the Companys business and assets, and in the opportunities before us, and I am honored to work closely with my fellow directors and Ross to continue to drive Yahoo! forward, said Fred Amoroso, Chairman of the Yahoo! Board of Directors. Mr. Amoroso continued, On behalf of the entire Board, I would also like to thank Patti, VJ, Arthur, Gary and, in particular, Roy, for their dedicated long-term service and contributions to the Board and Yahoo!. Third Point Chief Executive Officer Daniel S. Loeb stated: Harry, Michael and I are delighted to join the Yahoo! Board and work collaboratively with our fellow directors to foster a culture of leadership dedicated to innovation, excellence in corporate governance, and responsiveness to users, advertisers and partners. We are confident this Board will benefit from shareholder representation, and we are committed to working with new leadership to unlock Yahoo!s significant potential and value.
Third Point Director Nominee Jeff Zucker stated: I have been supportive of Third Points efforts since Daniel asked me to join the slate. When I became aware of Yahoo!s offer of three board seats to Third Point, I approached Daniel and let him know that I would be happy to step aside to quickly facilitate a settlement. I believe that it is in Yahoo!s best interests to avoid a prolonged proxy fight and have new board members immediately to help move the company forward. While there is clearly much work to be done, this is the right combination of talented executives to do just that. About Yahoo! Yahoo! is the premier digital media company, creating deeply personal digital experiences that keep more than half a billion people connected to what matters most to them, across devices and around the globe. And Yahoo!s unique combination of Science + Art + Scale connects advertisers to the consumers who build their businesses. Yahoo! is headquartered in Sunnyvale, California. For more information, visit the pressroom ( pressroom.yahoo.net) or the companys blog, Yodel Anecdotal ( yodel.yahoo.com). About Third Point LLC About Third Point LLC : Third Point is an investment firm headquartered in New York, managing $9.0 billion in assets, including a London Stock Exchange listed closed-end fund. Founded in 1995, Third Point
follows an event-driven approach to investing globally. Forward-Looking Statements This press release contains forward-looking statements concerning such matters as Yahoo!s new directors and strategic activities and plans. Risks and uncertainties may cause actual results to differ materially from the results predicted. The potential risks and uncertainties include, among others, the impact of management and organizational changes; the implementation and results of any strategic plans as well as Yahoo!s ongoing strategic and cost initiatives; Yahoo!s ability to compete with new or existing competitors; reduction in spending by, or loss of, advertising customers; risks related to Yahoo!s regulatory environment; interruptions or delays in the provision of Yahoo!s services; security breaches; acceptance by users of new products and services; risks related to joint ventures and the integration of acquisitions; risks related to Yahoo!s international operations; failure to manage growth and diversification; adverse results in litigation, including intellectual property infringement claims and recent derivative and class actions; Yahoo!s ability to protect its intellectual property and the value of its brands; dependence on key personnel; dependence on third parties for technology, services, content, and distribution; general economic conditions and changes
in economic conditions; transition and implementation risks associated with the Search Agreement with Microsoft Corporation; and risks that the benefits of the Framework Agreement Yahoo! entered into with Alibaba Group, Softbank Corporation and certain other parties regarding Alipay may not be realized. All information set forth in this press release is as of May 13, 2012. Yahoo! does not intend, and undertakes no duty, to update this information to reflect subsequent events or circumstances. More information about potential factors that could affect Yahoo!s business and financial results is included under the captions Risk Factors and Managements Discussion and Analysis of Financial Condition and Results of Operations in Yahoo!s Annual Report on Form 10-K for the fiscal year ended December 31, 2011, as amended, and Quarterly Report on Form 10Q for the quarter ended March 31, 2012, which are on file with the Securities and Exchange Commission (SEC) and available at the SECs website at www.sec.gov. Important Additional Information Yahoo! has filed a preliminary proxy statement with the Securities and Exchange Commission (the SEC) and will be filing a definitive proxy statement with the SEC in connection with the solicitation of proxies for its 2012 annual meeting of shareholders. Shareholders are strongly advised
to read Yahoo!s 2012 definitive proxy statement (including any amendments or supplements thereto) when it becomes available because it will contain important information. Shareholders will be able to obtain copies of Yahoo!s 2012 proxy statement, any amendments or supplements to the proxy statement, and other documents filed by Yahoo! with the SEC in connection with its 2012 annual meeting of shareholders for no charge at the SECs website at www.sec.gov. Copies of the proxy materials may also be requested from Yahoo!s proxy solicitor, Innisfree M&A Incorporated, by telephone at (877) 750-9499 (toll-free) or by email at info@innisfreema.com. Yahoo!, its directors, executive officers and certain employees are deemed participants in the solicitation of proxies from shareholders in connection with Yahoo!s 2012 annual meeting of shareholders. Information regarding Yahoo!s directors, executive officers and other persons who, under rules of the SEC, are considered participants in the solicitation of proxies for the 2012 annual meeting of shareholders, including their respective interests by security holdings or otherwise, is set forth in the preliminary proxy statement Yahoo! filed with the SEC on April 27, 2012 and will be set forth in the definitive proxy statement for Yahoo!s 2012 MORE page 30
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24 months from the closing date, with 18 months being the most common. In the Fenwick Survey, the median term was 18 months in both 2010 and 2011. Accordingly, a startup that has issued convertible notes as seed financing will generally have an 18-month window in which to close a Series A round. If the company is unable to do so during such period, it will generally be required to repay the loan, plus interest, or otherwise be in default under the note; in which case, the noteholders may force the company into bankruptcy. As discussed below, there are two ways a startup can avoid this nightmare scenario: (i) include a provision in the note that requires an automatic conversion of the loan, plus interest, into equity on the maturity date; or (ii) negotiate an extension of the loan (i.e., a new maturity date) with the noteholders. 1) Automatic Conversion. Founders can often convince friends and family and lesssophisticated investors to agree on an automatic conversion into shares of common stock in the event that there hasnt been a Series A round prior to the maturity date. Sophisticated investors, however, will push back hard against such a provision. From their perspective, requiring the loan (plus interest) to convert automatically into shares of common stock (or a new series of preferred stock) upon a default arguably rewards the founders and removes the
significant leverage and rights the noteholders would have as creditors of the startup. Indeed, in the event of the startups bankruptcy or an assignment for the benefit of creditors, the noteholders would have priority (i.e., be ahead of the stockholders) with respect to any payments or distribution of assets. Moreover, the noteholders would likely have the leverage to negotiate a conversion into equity on terms satisfactory to them regardless of the terms of the note. The Fenwick Survey does not address the percentage of convertible note seed financings that required the notes to convert automatically into equity at the maturity date. It is interesting to point out, however, that the convertible notes issued by Y Combinator companies to the Start Fund include an optional conversion upon maturity into Series AA Preferred Stock based on a $5 million valuation (see post here). 2) Loan Extension. The second approach negotiating an extension is more common and obviously depends on a number of different factors, including the startups financial condition and prospects, the market conditions, the relationship between the founders and the investors, etc. Moreover, for an extension to work from a practical standpoint, it is often necessary that the note include a provision permitting its amendment or a waiver of its terms upon the written consent of a majority of the holders (based
on the principal amount outstanding). Founders and company counsel sometimes miss this issue, and it later comes back to haunt them when one minor noteholder ends-up holding the negotiations hostage. Does a Startup Have to Comply with Any Securities Laws in Connection with the Issuance of Convertible Notes? Yes, a convertible note is a security under federal and state securities laws. Accordingly, founders must understand that, even though a convertible note is debt upon issuance, it is no different than issuing shares of common or preferred stock for purposes of securities-law compliance. Needless to say, a comprehensive discussion of applicable securities laws is beyond the scope of this post; however, here are two key takeaways for founders: (i) make sure all the noteholders are accredited investors; and (ii) dont compensate anyone for helping you raise funds unless theyre a registered brokerdealer. 1) Accredited Investors. The rule of thumb in connection with private placements (like a convertible note seed financing) is to issue securities only to accredited investors in reliance on Rule 506 of Regulation D of the Securities Act of 1933. There are two significant reasons for this: First, Rule 506 preempts (or overrides) state securities laws which means that a startup doesnt have to spend a lot of time
and money dealing with applicable state securities commissions (other than preparing and filing a Form D). Second, there is no written disclosure requirement, like a private placement memorandum, if the investors are accredited. There are eight categories of investors under the current definition of accredited investor, the most significant of which for seed financings is an individual who has (i) a net worth (or joint net worth with his/her spouse) that exceeds $1 million at the time of the purchase, not including the value of their primary place of residence; or (ii) income exceeding $200,000 in each of the two most recent years (or joint income with a spouse exceeding $300,000 for those years) and a reasonable expectation of such income level in the current year. 2) Broker-Dealers. There are lots of companies, individuals, websites and other so-called finders offering to help startups raise funds. Founders must understand, however, that if a finder is receiving some form of commission or other transactionbased compensation (which is often the case), the finder will generally be deemed a brokerdealer and thus will be required to be registered with the SEC and applicable state commissions. If the finder is not registered as so required and sells securities on behalf of a startup, the private placement will be invalid and the startup will be in violation of
applicable securities laws. For example, in August 2011, the California Department of Corporations issued a formal consent order against Profounder(a crowdfunding site that recently shut down) to desist and refrain from engaging in securities transactions without registering as a brokerdealer. Accordingly, any startup that raised funds via Profounder runs the risk of having violated applicable federal and state securities laws by utilizing an unregistered broker-dealer. (Note: Pursuant to the recently-enacted Jumpstart Our Business Startups Act, certain sites will be permitted to register with the SEC as a funding portal in lieu of a broker-dealer, provided that certain other requirements are met.) The bottom line is that founders must be very careful any time they are taking other peoples money. Non-compliance with applicable securities laws could result in severe consequences, including a right of rescission for the stockholders (i.e., the right to get their money back, plus interest), injunctive relief, fines and penalties, and possible criminal prosecution. Editors postscript: We accidentally republished the second part of Scotts series earlier this morning, rather than part three. Sorry about any confusion! [ image via flickr/Elliott Brown] CONVERTIBLE page 31
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Technology/
Where To Now For Yahoo? Thompson Out, Loeb & Co In

Richard MacManus (ReadWriteWeb)
Submitted at 5/13/2012 6:02:00 PM
Over the weekend, Yahoo!'s embattled CEO Scott Thompson finally did the honorable thing and stood down. Ex-President of News Corp's Fox Interactive Media division, Ross Levinsohn, has been named interim Chief Executive Officer. Hedge fund shareholder Daniel Loeb - whose firm Third Point owned 5.8% of Yahoo - and his three cronies have effectively won their longrunning battle for seats on the Yahoo! board. The board also has a new chairman: Fred Amoroso, the ex-CEO of digital entertainment company Rovi. Amoroso only joined Yahoo's board in February and is said to be"one of Silicon Valley's most enthusiastic proponents of patent warfare." So now that Daniel Loeb has gotten his way, what can we expect from Yahoo in the coming months? Clearly more patents, if Amoroso's appointment is anything to go by. But Loeb had an agenda, too... Loeb ran a website called Value Yahoo, which at time of writing is down with a server error. The website promoted the views of Loeb and three other boardseeking Yahoo! shareholders:
Harry Wilson (who specializes in corporate restructurings and turnarounds), Michael Wolf (exPresident and COO of MTV Networks) and Jeff Zucker (the one who didn't get appointed; he was ex-President and CEO of NBC Universal). Collectively, these four men called themselves " The Shareholder Slate." The Shareholder Slate is only interested in one thing: increasing
Yahoo!'s share price in order to make a buck. Loeb and co talk about "increasing value," but they are referring to monetary value. This isn't about creating "societal value," as Henry Blodget described Mark Zuckerberg's mission at Facebook. Loeb & Co's Vision For Yahoo! Plainly put, Loeb and his partners want to optimize Yahoo!'s assets. Their main complaint with
Thompson was that he didn't do enough with Yahoo!'s Asian interests. In particular Yahoo! currently owns 42 percent of Alibaba, a Chinese B2B ecommerce company. Alibaba connects Chinese manufacturers to companies around the world looking for suppliers. According to Loeb and co, Alibaba is worth $35 billion and has "significant growth potential." Specifically,
they think it will help drive Yahoo!'s share price upwards: "a 20 percent increase in the value of Alibaba would drive almost $2.00 in value per Yahoo! share." On its Agenda page, Loeb and co outlined their desire to implement "significant organizational changes to strategically allocate capital and talent toward Yahoo!s WHERE page 32
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27
Why Facebook may soon cost you money

Chris Matyszczyk (CNET News)
Submitted at 5/13/2012 7:07:44 PM
The other day, one of Facebook's bigger clients was privately complaining to me. This gentleman is in charge of digital advertising for a worldwide company. He told me: "First they charge me for ads. Then they try and charge me again in order to make sure those ads get seen by more people." He was referring to Facebook's presentation in February when it suggested brands have "Premium ads." You know, ones that might be enjoyed by more than the estimated 16 percent of fans who actually see a brand's messaging currently. It's hard not to imagine that -despite Mark Zuckerberg's insistence that Facebook will always be free -- the soon-topublic company will have to seek more revenues from its biggest franchise: every single one of its users. The principle behind the test aimed at users this week was the same as that aimed at advertisers: "Not too many people see your very important Facebook updates. So pay us and we'll make sure they do. Or at least we'll try." The method suggested was that your important post would be highlighted -- for a fee of 1.80 New Zealand dollars (around $1.42). Actually there seem to have been several price points, one going up to the $2 mark.
The situation for users is even worse than that for advertisers. On average, a mere 12 percent of your friends see your status updates. One can understand Facebook's problem. Too many people use it. Too many posts are being created. Too many people miss most of what's there. Yes, it's just like Twitter. To make this more disturbing for the company, there's a joyous train hurtling in the other
direction: the Church of Wall Street. Those who demand that Mark Zuckerberg pay them the same respect as he would pay God -yes, by wearing a jacket -- are only interested in money rolling in. When they lose money -- such as the $2 billion misplaced by JP Morgan Chase this week-- they might bow their heads for a short moment and carry right on doing the same thing.
nonsense?"(Credit: James Martin/ CNET) In turn, brands can see that Facebook has huge numbers, but they aren't seeing the sorts of results that make them want to anoint the site as their primary medium. Facebook is still cheap, and therefore money spent there is cheap money. But with hundreds of millions of people on its pages, Facebook hopes to begin to squeeze pennies that will multiply into dollars. It is the ancient idea of nickle-anddiming. This week's New Zealand experiment comes from the same helpful impulse that spawned fees for your first checked bag at the airport. In other words, now that we've got you, give us something. Of course, one of the difficulties if Facebook succeeds in charging customers for, say, actually having people seeing their updates, is the possibility that its relationship with its users will But if Facebook's numbers fall change. short, they will be all over the Currently, Facebook can switch company like a scratchy hoodie. its privacy rules and drag you It is that sure knowledge that is along because you are aren't a driving Facebook to find every paying customer. possible avenue of revenue. But once you are, mightn't people Facebook is trying to make as begin to take on a different much money out of brands as it attitude? A paying customer can. It is trying to sell them every might expect a higher level of possible interpretation of its service, of feedback -- and, yes, of numbers in order to squeeze out privacy. cash. Facebook's privacy-rule change "Can't I just be left to control the world, without all this money WHY page 31
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Technology/
Samsung Galaxy Tab 2 10.1 Review

Chris Burns (SlashGear)
Submitted at 5/13/2012 4:47:56 PM
This week weve gotten the next Galaxy Player family member in the house with the Samsung Galaxy Tab 2 10.1. Whats that, you say? The Galaxy Tab 2 is a tablet and not a Galaxy Player? I beg to differ, ladies and gentlemen, as the Samsung world has done a big split in recent months, with no less than the Galaxy Tab 2 line heading in the direction of the media player while the Galaxy Note line (including the 10.1, for example) moves in the direction the Galaxy Tab 10.1 original started in back at Google I/O in 2011. Have a peek at what the Tab 2 line continues here in the 2 10.1 for the media world. This device works with a wide variety of Samsung applications made perfect for the Galaxy Tab 2 and Galaxy Player lineup including AllShare, Samsung Media Hub, and Peel smart remote. These applications allow you to control your media on a variety of players and alternate screens as well as share between devices with great ease. Youll find apps like ChatON popping up on the Galaxy S III as well, it made for Samsung devices to communicate between one another in a powerful way not unlike what BlackBerry did with their BB Messenger. Here youve got a device with a 10.1-inch display, front-facing
speakers, and essentially the same setup as you had with the previous Samsung Galaxy Tab 10.1, the difference being in the selling points the apps, the way the tablet is marketed, and the processor inside. Instead of the NVIDIA Tegra 2 dual-core processor, youve got an OMAP4 dual-core processor from Texas Instruments. This means you no longer have access to the Tegra Zone as the original Galaxy Tab 10.1 had, but as this device does present a lower price point than the original Galaxy Tab 10.1
when it was first released, perhaps you wont mind. Have a peek here at a couple of photo examples and compare to the to our review of the Galaxy Tab 2 7.0, as theyre essentially working with the same gear. A 3.2 megapixel camera isnt necessarily what youre going to want when youre going for award-winning photos, but itll be good enough for Facebook and Twitter if thats your thing. Next have a peek at a couple of benchmarks, and remember that this device is made primarily for
watching and transmitting media, not necessarily working to process the video and make hard-hitting games look their best. This device can be compared to the orignal Samsung Galaxy Tab 10.1 review for power, but remember again that youve no longer got the NVIDIA processor which would be giving you access to the Tegra Zone for games. Here instead youve got the lower cost tablet and the IR-blaster to change channels on your television. The last component youre going to want to look at here is the
battery life of this device. Its tested essentially as well as the rest of the Galaxy Tab line for battery life, that being extremely well considering this device does not work with mobile data. Instead youve got wifi-only and the whole machine will stay up with battery for several days if you dont use it too heavily. Play several full-length videos and youre looking at more like 8 hours max. Wrap-up This tablet is made for those SAMSUNG page 29
Technology/
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Meet Yahoo's new (interim) CEO, Ross Levinsohn

David Hamilton (CNET News)
Submitted at 5/13/2012 3:31:30 PM
SAMSUNG
media" at AltaVista, the late and largely unlamented search engine. There he was tasked with Yahoo's new CEO -- for now -- d e v e l o p i n g " c o n t e n t a n d Ross Levinsohn(Credit: Dan programming" for AltaVista, Farber) Zip2, and Shopping.com, an effort Here comes the new boss at that must not have gone terribly Yahoo. But he's not exactly the well. same as the old boss. That said, Levinsohn's media Ross Levinsohn -- who until background puts him very much today headed up Yahoo's global- in sync with dissident shareholder media business -- now suddenly Daniel Loeb, whose hedge fund, h e l m s t h e e n t i r e c o m p a n y , Third Point, just scored a big following a shakeup that ousted victory by taking three Yahoo former CEO Scott Thompson (and board seats. Loeb has long h i s i n f l a t e d r e s u m e ) a n d complained that Yahoo was rejiggered the board to placate managed more as a tech company activist investor Daniel Loeb and than a media outfit, and it looks his hedge fund, Third Point. like he'll now have a chance to see Levinsohn, whose roots run deep his preferred strategy play out. in the Big Media biz, cuts a very Lost in Myspace different figure from Thompson, a Levinsohn was instrumental in former president of PayPal. helping Rupert Murdoch and For starters, Levinsohn is at least News Corp. outmaneuver Viacom as much a creature of Hollywood and Sumner Redstone in their as of Silicon Valley. His corporate $580 million acquisition of biography describes him as Myspace in 2005. While that having "long been on the forefront doesn't sound like much to brag of digital media innovation," with about -- News finally dumped stints at News Corp.'s Fox Myspace last year for $35 million Interactive Media, CBS Sportsline -- Levinsohn played a big role in (full disclosure: CBS also owns cutting the advertising deal that CNET) and HBO. Myspace signed with Google Even Levinsohn's techiest- shortly after the deal closed. sounding job -- at least up to now Which, at the time, looked -- was as general manager of "new brilliant. Facebook was still
ladies and gentlemen who want the $100 discount off the lowest price on the newest iPad. Though this tablet is not made specifically to compete with the iPad, and it really wont, youll find it to be joined the company in November amongst the best values in the 2010. Android world for those of you "We have a business that most not looking for the best processor companies on the Internet would on earth. If you just want to watch die to have," Levinsohn said. movies and browse the web, this "Unfortunately a small block of may well be your best bet on the writers, bloggers and analysts market today. Story Timeline focus on the negative." The soon Samsung Galaxy Tab 2 launch to-be CEO pointed to Yahoo's re-set for end of April mostly a big deal on college social bar as the fastest growing Galaxy Tab 2 (7.0) briefly listed campuses, and Murdoch boasted social network, more than 700 for $309 on QVC that he'd be able to flip Myspace million users and $1 billion in Galaxy Tab 2 10.1 for the USA for $6 billion. Even allowing for profit as evidence of Yahoo's brings the $400 tablet to Samsung M u r d o c h i a n h y p e r b o l e , forward progress. Samsung Galaxy Tab 2 10.1 conservative estimates valued the "Yahoo has its own share of delayed for quad-core upgrade company at $2 billion. Pretty issues, but so does every other [UPDATE: Samsung denies] much nobody saw Facebook company. The real challenge is Galaxy Tab 2 10.1 finalized and coming, and at the time Murdoch we have to move this business up for pre-order seemed a far-sighted genius by forward, and we are....I am the snagging what was then the au luckiest guy in the world to be Samsung Galaxy Tab 2 10.1 part of this, in spite of all the courant social network. Review is written by Chris Levinsohn came to Yahoo in late headaches," Levinsohn said. Burns& originally posted on CNET senior editor Greg 2010, when then-CEO Carol SlashGear. Bartz named him to head up Sandoval contributed to this 2005 - 2012, SlashGear. All Yahoo's business across the report. right reserved. Americas. He later moved up to This entry passed through the assume responsibility for the Full-Text RSS service if this is entire company's multibillion- your content and you're reading it on someone else's site, please read dollar advertising business. In an interview (see below) just a the FAQ at fivefilters.org/contentcouple of days ago at the the only/faq.php#publishers. Five P a l e y C e n t e r f o r M e d i a , Filters recommends: Donate to Levinsohn described Yahoo as an Wikileaks. "untapped jewel" and an "incredible platform" when he
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Technology/
5 apps for Moms on Mother's Day

Kelly Hodgkins (TUAW - The Unofficial Apple Weblog)
words as possible, and a Puzzle mode that adds a row of letter tiles every time you spell a word. Submitted at 5/13/2012 12:44:00 PM There's also a local multiplayer It's Mother's Day here in the US mode, so you can challenge your and in a handful of other countries spouse or kids. around the world. To celebrate AllRecipes Dinner Spinner this holiday, I've compiled a list Pro($2.99) of five outstanding apps that are AllRecipes Dinner Spinner is a perfect for all the iPhone-toting cooking app that'll help you find mothers out there. These titles the perfect meal. The will help Mom get organized, DinnerSpinner lets you add an share memorable moments and ingredient, shake your phone and have some fun. If you have any retrieve a matching recipe. You suggestions not on this list, please can read reviews for each recipe add them in the comments. Happy and add the ingredients to your Mother's Day to all the Moms and shopping list. If you're an Moms-to-be! AllRecipes member, the Pro iAllowance($3.99) version of Dinner Spinner lets you iAllowance is a versatile chore view your recipe box on your iOS manager that lets you set up device. You can also share your comprehensive chore charts for favorite messages with your several children. Besides listing family and friends via Facebook, each child's responsibilities, you your kids and assemble them precious times with your kids, you Day One is such a good journal Twitter or email. can assign a value to each task quickly and easily into a collage. can't go wrong with Day One, a that I am wiling to wait. If image 5 apps for Moms on Mother's and let your child earn money, You can import photos from your terrific journaling app that makes support is a must-have, then you Day originally appeared on stars or time for each job they do. camera, your photo library or it easy to jot down your daily should check out alternatives like TUAW - The Unofficial Apple The app keeps track of each even Facebook. All photos are thoughts. Day One's strongest MyOwnDiary HD, My Daily Weblog on Sun, 13 May 2012 child's earnings, so you can dole dropped onto the canvas and you feature is its cross-platform Journal or Dailybook for the iPad. 12:44:00 EST. Please see our out rewards when they reach a can resize, rotate and move them availability. You can use Day One SpellTower($0.99) terms for use of feeds. specified amount. iAllowance is to get the right look. Once you've on your Mac, iPhone or iPad and There are so many iOS games, Source| Permalink| Email this| chock full of features that'll make arranged your photos to your sync your entries across devices. but one that always seems to be at Comments doing chores as much fun as liking, you can change the Unfortunately, Day One doesn't the top of my list is SpellTower. possible for both parents and their background, add some text and let you import photos, so you can't The word puzzle game challenges children. send the masterpiece off to the add that precious photo of your you to spell words using adjacent Pic Collage(Free) grandparents. baby to an entry. Photo support is letter tiles. The game includes Pic Collage is a free app that lets Day One($1.99) o n t h e d e v e l o p e r ' s l i s t o f several modes including a Tower you choose the best photos of If want to remember those upcoming features, and, for me, mode that lets you spell as many
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annual meeting of shareholders when it is filed with the SEC.
Technology/ Culture/
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Facebook to Let Users Vote On Its Privacy Policies

Dave Copeland (ReadWriteWeb)
CONVERTIBLE
Marketing at Zscaler. Given that most of the Facebook stock is under a dual class control, it is Submitted at 5/13/2012 5:12:27 PM refreshing that at least privacy is Facebook shareholders may be not. Then again, Raina added, grumbling about the inordinate note the emphasis on active amount of control founder and which is defined by what? CEO Mark Zuckerberg holds A spokesperson for Facebook under the companys relatively could not be reached for comment unique corporate structure, but Saturday, but that question could new privacy-policy explanations presumably come up at a live the company announced on Friday Q&A Facebook has scheduled for - and will explain in a conference noon ET/9 am PT tomorrow. The call Monday - return some company is seeking feedback on privacy control back to users. the new policies, perhaps trying to How Many Users Does It Take to reverse its image of being a Change a Policy? company that acts first and asks "If we receive more than 7,000 questions later when it comes to comments concerning a particular policies on user data. change, we will put the change up The company outlined the policy for a vote. The vote will be changes and announced Mondays binding on us if more than 30% of Q&A in a blog post. Anyone can all active registered users as of the join the discussion at http:// date of the notice vote, the o n . f b . m e / f b d c t a l k s . A N e w companys updated terms of use P r i v a c y H u b read. The most notable change is a new This one is a fresh one, said policy hub, which makes it easier Kapil Raina, director of Product for users to find pertinent policies
on acceptable use, rights and responsibilities and how Facebook uses your data. The company still takes liberties in its control over user data and privacy. Facebook talks a lot about data they 'receive', but they are still very vague about what they are storing and for how long, said Jay Herbison,CEO of Priveazy, a startup dedicated to educating users about online privacy and safety issues. Facebook is also not giving users full access to the
things that Facebook is storing about them. For example, Herbison said he had issues with the data collections received through Facebook social plugins on nonFacebook sites. Facebook has previously acknowledged that it keeps social plugin data for 90 days but there has never been a mention in the privacy policy about this, Herbison said. It is very likely that as Facebook rolls out an ad network, the length of the storage will be extended and this data will be used to create permanent 'Web browsing profiles' that could outlast the Web browsing data that was initially captured, Herbison said. The privacy policy changes most likely stem from last years dustup with the Federal Trade Commission and the companys initial public stock offering later this week.
Instacorder Is a No-Frills App For Emailing Yourself Voice Memos [Ios Downloads]
Shep McAllister (Lifehacker)
Submitted at 5/13/2012 4:00:00 PM
iOS: Instacorder is a dead-simple app that will instantly email voice memos to yourself for reviewing and organizing on your computer. More
WHY
this week allows it to use your face to advertise products away from Facebook. If you were now being charged in order for your friends to see your posts, mightn't you be tempted to charge Facebook for the privilege
of using your lovely face to sell, only/faq.php#publishers. Five say, 55-gallon tubs of lubricant? Filters recommends: Donate to This entry passed through the Wikileaks. Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/content-
32
Technology/
With Its New Google+ iPhone App, Google Finally Gets It Right
WHERE
greatest strengths and brightest opportunities." Its list of 9 initiatives is wide-ranging - and rather vague. For example, they want Yahoo! to grow in the video and mobile segments; which would be in the strategic plan of just about any media company you could name these days. How Frederic Lardinois wouldnt have called it exciting, feels more like Gmail for a small Did Scott Thompson's Strategic (TechCrunch) though. screen than email re-imagined for Plan Differ From Loeb's? The latest redesign, however, mobile the same way Sparrow, for At his first earnings call last Submitted at 5/13/2012 4:33:02 PM month, Yahoo! CEO Scott suddenly makes the app one of the example, does. Some people just love Google+ m o r e i n t e r e s t i n g s o c i a l The new Google+ app, however, Thompson talked about reducing a n d o t h e r s j u s t h a t e t h e networking clients on the market finally re-imagines what the Yahoo's size and becoming more companys efforts to create a today. Unlike the previous version service should look like on a focused on its core business. He social network and a social layer of the app, which felt like it was mobile device. It doesnt just try remarked that Yahoo! would be across all of its services. Google designed by committee and lacked to recreate a version of the "doing away with everything that itself seems to be pretty happy luster, this new version almost Google+ desktop site for a smaller does not contribute to its core business of profit-driving ads and with the results it is getting from makes Google+ feel like a Path- screen. Google+ so far or at least thats like mobile first service. Its From what weve heard, the new e-commerce." He went on to say what the company is saying highly visual, puts an emphasis on app was developed in-house by that Yahoo will get smaller by publicly. No matter your overall images, and its endless scrolling Google and the new design wasnt c o n s o l i d a t i n g i t s v a r i o u s feelings about Google+, though, with new items quickly sliding i n f o r m e d b y a n y r e c e n t platforms and jettisoning 50 Googles new native Google+ app into place as you scroll down is a acquisitions. So Google clearly properties. Yahoo! has already cut for iPhone is worth a look, nice design touch that feels very has the design chops to develop 2,000 jobs in order to reduce costs and streamline the business. especially because its hopefully different from Googles latest, apps like this. just a first glimpse at what more often lackluster, design efforts. The Google+ team, Steven Levy So it seems like Thompson had a of Googles mobile apps will look Just compare the new Google+ wrote last year, generally gets a narrower strategic focus and was like in the near future. app to something like Currents, bit more freedom to experiment more intent on cost-cutting. He So far, the Google+ mobile app Googles once-hyped Flipboard and make fast decisions than other also wanted to find new revenue was adequate but nothing to brag competitor. Its not a bad app. It groups at Google. Maybe its no by aggressively licensing Yahoo's about for Google. For the most does what it says it does, but it surprise then, that we would first intellectual property, a plan he put part, it worked (though it did just doesnt inspire the same kind see an app like this come out of into place in March by suing crash at times) and gave you of enthusiasm as the highly visual the Google+ group. Lets just Facebook for alleged patent a c c e s s t o G o o g l e + s m o s t Flipboard. The Gmail for iPhone hope other teams at Google will violations. i m p o r t a n t f e a t u r e s . E v e n app, which didnt even work at look at this app and let it inform Patents aren't mentioned at all on Loeb's website, however new Google+s most ardent fans first, is a better effort but still their work as well. chairman Fred Amoroso will likely push for more legal maneuvers.
What can we expect of new interim CEO Ross Levinsohn? Even though he has a proven track record as a leader in Internet corporations, it's likely his role will be focused on steadying the ship while Amaroso and Loeb agree on the new strategic direction for Yahoo. Loeb has been plotting for many months to steer the Yahoo ship into higher stock price waters; now it looks like he will get an opportunity to do that. Where To Now For Yahoo? I'm not entirely convinced that Daniel Loeb's motivations are good for Yahoo! long term. They seem more focused on making money for Wall Street shareholders, than returning Yahoo to its roots of being a true innovative force on the Web. However, the Value Yahoo website and its suggested solutions for Yahoo! do at least demonstrate the passion needed to turn Yahoo! around. The Yahoo! board has gone through five CEOs in recent times, so it really is desperate times. Let's see if Loeb and co can turn the beleaguered company around - for the benefit of shareholders, employees and Internet fans in general.
Technology/ Economy/ Finance/
33
Loewe denies Apple TV takeover talk

Chris Davies (SlashGear)
Submitted at 5/13/2012 4:36:50 PM
announced internally before 18 May 2012 the site wrote, though conceded that the accuracy of the German luxury TV manufacturer information provided could not be Loewe has denied reports that it is initially verified. considering an 87.3m ($112.8m) Adding grist to the rumor-mill is acquisition offer made by Apple, the connection to Sharp. The describing the speculation as Japanese display manufacturer is having absolutely nothing to it. L o e w e s s i n g l e l a r g e s t An unnamed Loewe spokesperson shareholder, with 28.83-percent of told German news site Heise that stock in the firm. Sharp is, the rumors are unfounded, despite meanwhile, already a significant ongoing financial concerns with provider of displays to Apples the companys high-end sets iOS products, but the company struggling to find buyers in the has also been linked with talk of tough economic climate. an Apple television, tipped to be Talk of the buy-out began on providing 32-inch and above LCD Friday, with Apple Insider panels for the long-expected home c l a i m i n g a n u n c o r r o b o r a t e d entertainment product. source had spilled details of the With Loewe being known for its impending deal. Loewe has been emphasis on style, and the Sharp advised by its financial advisor to involvement behind the scenes, accept the offer and a final the dots had seemed to connect decision is scheduled to be themselves for an Apple takeover
Will An Apple Television Hurt Google TV? Will the Apple Television Have Any Room to Be Special? Apple television in telecoms testing tip sources: Siri, gestures, more Apple Television talk reignites with Sharp patent overlap Would You Pay A Massive Premium For An Apple Television? Apple TV not likely in 2012 according to JP Morgan analyst [Thanks Carl!] Loewe denies Apple TV takeover talk is written by Chris Davies& originally posted on SlashGear. 2005 - 2012, SlashGear. All right reserved.
to look reasonable. Even at $113m, such a deal would be a drop in the ocean given the Cupertino companys swollen bank account. Despite the expectations, Apple has persisted with its existing
living room line-up, introducing the third-gen Apple TV earlier this year. The new box includes 1080p Full HD video support along with streaming screen sharing with the new iPad. Story Timeline
Markets Are Going Down

Joe Weisenthal (Money Game)
Submitted at 5/13/2012 6:16:00 PM
The weekend is over, and markets are going down. Here's a look at S&P futures, via FinViz: There hasn't been a ton of news
over the weekend. JPMorgan was downgraded after the bell on Friday, and then today it was reported that three execs responsible for the big $2 billion trading loss were on their way out. China did an RRR cut on
to form a government to avert a new election. Please follow Money Game on Twitter and Facebook. Join the conversation about this story Saturday. And Greece is still talking, trying
Back us, dont bash us, business leaders warn Cameron

Emma Rowley (Finance News Business news from the UK and world)
Business leaders will warn David Cameron that attitude to business must change, after they were told
to stop complaining.
Intel Windows 8 tablets to hit retail stores in November
Intel 'Clover Trail' Atom Z2760INTEL (CNET Brooke Crotherspage 34 News) based Windows 8 tablet.(Credit:
34
Technology/ Politics-Right/
INTEL
Brooke Crothers) The first wave of Intel-based Windows 8 tablets are expected to land in retail stores in November, a source familiar with device makers' plans told CNET. "The schedule is tight," said the source. "Looking at what Windows is trying to achieve not only with a new OS, but a new OS that needs to run four to five architectures -- three ARM, Intel, and AMD," according to the source. And don't expect just tablets. "More than 50 percent" of the "more than a dozen" designs will be hybrids, aka convertibles, the source said. Those designs combine aspects of a traditional physical keyboard-based laptop and tablet. Intel-specified tablet/hybrid features.(Credit: Intel) All the devices described by the source will tap Intel's upcoming "Clover Trail" Atom chip. Clover
Trail is Intel's first dual-core Atom design based on its 32nanometer process technology. (The single core version of this chip powers a phone from Indiabased Lava and is slated for phones from Lenovo, Orange, and Motorola, among others.) Hybrid Windows 8 designs based on the higher-performance Ivy Bridge processor are also expected but the source did not address that market segment specifically. Windows 8, like Windows 7 before it, will be powered by chips from Intel and Advanced Micro Devices and will be able to run older, so-called "legacy" applications. A separate release from Microsoft, Windows RT, will land on devices powered by ARM chip suppliers Nvidia, Qualcomm, and Texas Instruments. RT will not run older Windows applications. The sources added that Intel has a
chip called "Bay Trail" in the works -- the company's future 22nanometer follow-up to Clover Trail. "It is a gigantic performer, with similar battery life to Clover Trail. It will also have a lot of security features built in and Infineon [3G/ 4G] silicon inside," the source said. Bay Trail would use Intel's own graphics tech, not Imagination's. When that chip will arrive isn't clear yet. This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
Talkcast tonight, 7pm PT/10pm ET: Mamas edition!

Kelly Guimont (TUAW - The Unofficial Apple Weblog)
Submitted at 5/13/2012 5:00:00 PM
Lunarpages Contact Support Page

(Lunarpages Contact Support Page)
email at support@lunarpages.com or via Lunarpages Helpdesk at http://support.lunarpages.com. Visitors, we are sorry, however, T h a n k y o u f o r c h o o s i n g this site is experiencing L u n a r p a g e s ( h t t p : / / difficulties at this time. Please w w w . l u n a r p a g e s . c o m ) . return later. This entry passed through the Webmaster, please contact us by Full-Text RSS service if this is
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Not just Sunday, but Mother's Day Sunday! Once you've wrapped up brunch and presents for Mom, join us for the show tonight! We'll have a little news about system updates and new maps but mostly we want to talk to moms. We'll spend some time with a few of our favorites, provided they aren't still off getting massages or enjoying a Mother's Day that extends well into the evening. Kelly hosting the show means Kelly hosting the aftershow, and you know that's always a good time. Join us for the non-recorded, off-topic, random conversation. Since it's really all about you, the community, join me won't you? To participate, you can use the browser-only Talkshoe client, the embedded Facebook app, or download the classic TalkShoe Pro Java client; however, for +5 Interactivity, you should call in. For the web UI, just click the Talkshoe Web button on our profile page at 4 HI/7 PDT/10 pm
EDT Sunday. To call in on regular phone or VoIP lines (Viva free weekend minutes!): dial (724) 444-7444 and enter our talkcast ID, 45077 -- during the call, you can request to talk by keying in *8. If you've got a headset or microphone handy on your Mac, you can connect via the free XLite or other SIP clients (aside from Skype or Google Voice), basic instructions are here. Talk to you tonight! Talkcast tonight, 7pm PT/10pm ET: Mamas edition! originally appeared on TUAW - The Unofficial Apple Weblog on Sun, 13 May 2012 17:00:00 EST. Please see our terms for use of feeds. Source| Permalink| Email this| Comments
Technology/ Culture/ Finance/
35
The Amazing Spider-Man gets playable Stan Lee in Xbox 360, PS3 pre-orders
Mark Raby (SlashGear)
Submitted at 5/13/2012 4:55:43 PM
Setback for Merkel as austerity agenda rejected in Germany's biggest state

Bruno Waterfield (Finance News - Business news from the UK and world)
Submitted at 5/13/2012 4:25:27 PM
There are comic books nerds throughout the entire world who find one man more dynamic than Spider-Man, more larger-than-life than Superman, and even more incredible than Hulk, and he also has a characteristic that no comic book superhero has hes real. And that man, Stan Lee, will finally get his moment in the spotlight alongside his creations in the game The Amazing SpiderMan. Yes, thats right Stan Lee, the man who is the creative genius behind so many geek icons, will be a playable character in the upcoming multi-platform title.
But, thats only if you get the game for the PS3 or Xbox 360, and only if you pre-order it from Amazon. The Wii and 3DS versions of the game will not contain this feature, and no other retailer will offer the special
download code. In addition, even though its a digital extra, it is only available in limited quantities. Those who really refuse to buy online can get a similar pre-order bonus from GameStop those
customers will get to play as the villain Rhino. Pre-order bonuses are the heart and soul of the gaming industry, as there is really very little other motive to get gamers to commit to buying a game before launch day, and after all gamers love being rewarded for their loyalty. The Amazing Spider-Man will be released on June 26. [ via Siliconera] The Amazing Spider-Man gets playable Stan Lee in Xbox 360, PS3 pre-orders is written by Mark Raby& originally posted on SlashGear. 2005 - 2012, SlashGear. All right reserved.
Angela Merkel suffered a major blow last night after voters in Germany's biggest region decisively rejected her austerity policies in a defeat that will weaken her on the European stage.
Use an Alum Bar to Soothe Razor Burn and Seal Cuts [Shaving]
Shep McAllister (Lifehacker)
Submitted at 5/13/2012 3:00:00 PM
Next time you cut yourself shaving or need to alleviate razor burn, try an old-fashioned barber
More trick and reach for an alum bar.
36
Economy/
The IRA | It's All About the Fraud: Madoff, MF Global & Antonin Scalia
rcwhalen
Max Keiser for the quotation from his kinsman William Wallace. You may also read our earlier This is an everygreen post of last comment, "Should the Courts week's IRA comment. To read Appoint an Equitable Receiver for our new comment on JPMorgan, Bank of America?," where we click here. argue that the degree of obvious Chris fraud present in the operations at The Institutional Risk Analyst BAC and Countrywide justifies May 8, 2012 the appointment of a federal "It's all for nothing if you don't receiver now to run the bank. have freedom." But before we jump into this In this issue of The Institutional discussion, we just have to take a Risk Analyst, we return to the m o m e n t t o n o t e t h a t A l l y Lehman Brothers, Madoff and Financial has apparently received MF Global bankruptcies to talk the blessing of the US Treasury to about how the largest banks have file a bankruptcy for the ResCap wired US bankruptcy laws to their real estate unit, according to own advantage. Specifically, the Dakin Campbell at Bloomberg 2005 changes to the bankruptcy News. This is a profoundly bad c o d e , c o m b i n e d w i t h t h e idea, as we have noted in past traditional American caution i s s u e s o f T h e I R A . T h e regarding pre-judgement restraint subsidiaries of bank holding on the parties surrounding a c o m p a n i e s c a n n o t d e f a u l t , b a n k r u p t c y , h a s p r o v i d e d especially when the sub has its American banks with a free pass own bond holders with a different t o f a c i l i t a t e f r a u d w i t h n o agenda than the parent company accountability. creditors. Hello! Read Gretchen On May 17th, IRA co-founder Morgenson in the Sunday NY Christopher Whalen is making a Times: "Mortgage Unit Troubles presentation to the economic Ally Financial" advisory committee of FINRA Neither Secretary Geithner nor entitled "Policy issues regards President Obama wants to deal customer account protection and with Ally before the election. The bankruptcy." This edition of The incompetence of Geithner in IRA is meant as a background to d e a l i n g w i t h t h e p o r t f o l i o t h a t d i s c u s s i o n , w h i c h investments of the US is a unfortunately is closed to the national scandal, but Ally is first public. In that regard, thanks to among his failings because of the
Submitted at 5/13/2012 7:14:33 PM
politics of GM and big labor. The obvious thing to do was sell the auto business back to GM and the servicing book to somebody a year or more ago, but the policy of "extend and pretend" continues in Washington. Sad thing is, though, that the business community is still abandoning the White House in droves despite or maybe because of such behavior. The Case for Equitable Receivers in Bankruptcy Article III of the US Constitution created the judicial branch of the American government and made it independent of the legislative and executive branches. District Courts, Courts of Appeal and the US Supreme Court are all authorized under this part of the Constitution and are thus known as "Article III" courts. The Supreme Court has ruled that only Article III courts may render final judgments in cases involving life, liberty, and private property rights, with limited exceptions. Article I tribunals consist of certain federal courts and other forms of adjudicative bodies, including federal bankruptcy and administrative law courts, and many federal agencies such as the Fed, FDIC and OCC in the banking world. Article I of the Article 1, Section 8, Clause 4 authorizes Congress to enact "uniform Laws on the subject of
Bankruptcies throughout the United States." These bodies are creatures of the Executive Branch and the decisions of these "adjunct" tribunals are subject to comprehensive review by the Article III courts, as noted above. The historical separation between bankruptcy courts and the US judiciary is complex and reflects the imperfect, often conflicted nature of the governances structures of the American republic. The concept of checks and balances, after all, implies conflict, not the phony notion of consensus. The policy on bankruptcy evolves with the country. When it comes to business insolvencies, both Congress and the Courts have tended to want to leave bankruptcy courts in the commercial realm, operating more like mediators for corporations and social welfare agencies for individual, than as "equity courts" in the ancient sense. Out of this tradition has grown a great reluctance on the part of US Article III courts to allow the bankruptcy courts to operate outside the narrow confines of the interests of the estate of the failed individual or entity. In the 1920s and 1930s, when financial fraud reached an apex, the Courts were not afraid to empower bankruptcy trustees also
as receivers in order to protect the public from various types of criminality in existence at that time. In the landmark 1925 case Benedict v. Ratner, where Justice Louis Brandeis laid down the law on collateralized borrowing, the bankruptcy trustee in the underlying case was also appointed as a receiver. The difference between a trustee and receiver is very significant. The trustee in a bankruptcy represents the estate and has no power to pursue other parties nor to make decisions affecting equity. The bankruptcy of the Madoff firm, for example, shows how the trustee in unable to act on behalf of the victims of the fraud. Irving Picard may only represent the interests of the failed broker dealer. Under the bankruptcy code, the trustee may only pursue money's owed to the estate and may not pursue third parties for their actions against the victims of the fraud. While many people are confused by the fact that the Madoff trustee has been unable to recover billions in funds stolen from the customers of the Madoff firm from JP Morgan and other banks, this situation simply reflects US law and the Constitutional limitations imposed upon the IRA page 37
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IRA
bankruptcy process. The wellestablished general rule was that a judgment fixing a debt was necessary before a court in equity would interfere with the debtor's use of his property. Thus in the case of Madoff, the bankruptcy trustee is unable to pursue claims against the third parties, in part because this "adjunct" tribunal lacks the authority to make such a final judgment. In addition, because the trustee's authority stems from his association with the estate of the bankrupt entity, the concept of "in pari delicto" blocks the trustee from acting. Two key concerns for investors and risk managers are illustrated by the Madoff and MF Global bankruptcies: o Unequal legal status of segregated accounts in bankruptcy vis--vis other creditors due to "safe harbor" changes to bankruptcy laws in 2005. o Inability of bankruptcy trustees to pursue third parties that cause losses to investors due to fraud, other bad acts. As a result of these two defenses working in tandem, today financial institutions can aid frauds such as Madoff and MF Global, to mention just a few, without being brought to task in civil proceedings. Because the federal courts and other agencies still do not recognize fraud as the paramount problem facing the US economy, the victims of the fraud are left defenseless. And once the perpetrator of the fraud files for bankruptcy, the individual victims often are left without any means
of seeking redress and the bad actors among management and other customers literally walk away. As Peter Henning wrote for The New York Times last month: "Most investors lose almost all of their money once a Ponzi scheme collapses, and the trustees appointed to clean up the mess try to find any deep pocket available to recover something. Unfortunately for the trustees, the legal doctrine of "in pari delicto," Latin for "in equal fault," may block any recovery." In a major 1920s case decided a few years before the Benedict v. Ratner decision, Brandeis famously precluded any right for unsecured creditors to seek a receiver, except the right to have freedom from fraud. This decision was upheld decades later in 1999 when Justice Antonin Scalia, writing for a unanimous Supreme Court in Grupo Mexicano de Dessarollo, S. A., et al, held that: "This case presents the question whether, in an action for money damages, a United States District Court has the power to issue a preliminary injunction preventing the defendant from transferring assets in which no lien or equitable interest is claimed [T]he English courts of equity did not actually exercise this [Mareva] power until 1975, and that federal courts in this country have traditionally applied the principle that courts of equity will not, as a general matter, interfere with the debtor's disposition of his property at the instance of a nonjudgment creditor. We think it
incompatible with our traditionally cautious approach to equitable powers, which leaves any substantial expansion of past practice to Congress, to decree the elimination of this significant protection for debtors." The problem with the prose used by Scalia in the unanimous Supreme Court opinion is that the justices still do not "get it" when it comes to fraud. While the decision in Grupo Mexicano was correct, the problem with the cases coming before the bankruptcy courts today such as Lehman Brothers, Madoff and MF Global is that fraud is once again the key problem. And many lawyers and judges, with all due respect, do not understand the fraud exemption to the general rule set forth by Brandeis, Scalia and many other members of the Supreme Court. Bankrupt firms such as MF Global, Madoff and all of their officers and business counterparts deserve greater scrutiny that only an equitable receiver appointed and empowered by a federal District Court judge can provide. Unfortunately, many victims of fraud do not understand their rights and duties in such situations. Worse, their lawyers who've never read Brandeis or the brothers Learned and Augustus Hand on these core Constitutional issues often fail to appreciate that there is a way to demand the appointment of a receiver by a federal court in a bankruptcy where fraud is present. The unspoken truth of 2007
financial crisis is that fraud on and off Wall Street just as pervasive in 2005 as in the 1920s. Lehman Brothers, Madoff, and MF Global all featured systemic fraud. Congress and the Supreme Court took a decade from 1929 to 1938 to wake up to root cause of Great Depression, namely securities fraud of 1910s through 1929, and acted accordingly. But today we have come full circle. A servile Congress and federal Courts have precluded just about every means for controlling fraud by large banks and have destroyed investor confidence in the process. In the Grupo Mexicano case, Scalia's opinion relies on (and favorably quotes) opinions of Brandeis for when a receiver is proper. That case is still good law and Scalia quotes that case as his primary authority. The facts of Grupo Mexicano involved only "preferences," not "fraudulent transfers" (because they discharged obligations to creditors) and were not direct or indirect transfers to insiders or shareholders. So while the Scalia decision is technically correct, the way his language is being misused today in the Madoff and MF Global litigations is the problem. Brandeis would agree with Scalia on the Groupo Mexicano "holding" that simple preferences of creditors should never be the basis for appointing a receiver. But that also means the use of receivers is allowed when there is evidence of insider dealings and actual or constructive fraud and
thus is consistent with the "ruling" of Grupo Mexicano (though perhaps not reading Scalia's prose). Scalia could rule in favor of receivers at any time he wants and wrap himself in the "garb" of Brandeis. Bottom line: The Grupo Mexicano case should never be used as a preclusion from use of a receiver whenever there is evidence of fraud on unsecured creditors in a bankruptcy. There are a number of examples where a receiver function plays an important role in fighting fraud. In case of The Stanford Group, an Article III receiver was appointed by a federal District Court without any bankruptcy to pursue a wide ranging investigation, which included efforts to conserve customer funds and pursue third parties via criminal and civil means. The FDIC is another excellent example of how receivership powers enable that bank agency to limit losses to the mutual insurance fund supported by insured banks and also pursue claims against bank officers, directors and other parties. Unlike a trustee in a bankruptcy, the FDIC acting as receiver has broad authority to seize assets, sue officers and directors, reject contracts and even make criminal referrals related to a failed bank. The FDIC example is instructive for what a receiver's role should be. The first job of counsel to any FDIC receiver is by regulation and practice to pursue claims IRA page 38
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Economy/ Culture/
IRA
Complete Summary Of Next Week's Global Events And Manic Bond Issuance
against officers, directors, auditors, appraisers and attorneys (and their respective insurers). That is because when a financial institution goes bust, those are the ONLY sources for recovery of Tyler Durden losses by taxpayers. Financial Submitted at 5/13/2012 6:07:55 PM institutions NEVER go bust when their assets (loans) exceed their Now that Europe is all the rage liabilities (deposits andsummarize again, below we again debts) and losses, therefore, are all a result of the key Euro-centric events asset deficiencies. the month, as through the end of So as all the sovereign fight well what can be done to bond f r a u d a n d look tforward v e s(we auctions to r e s o r e i n to t o r confidence? loosely). Finally,key use the term There are two the changes that Congress key events squid summarizes the must make in current law. First, well as the in the past week as there needs to be a requirement for referral expected global catalysts in the (by any trustee in bankruptcy next several days. Somehow we AND byimpression it will be all get the all bankruptcy judges) to the orelatedh District x p e c t for a b u t t e u n e Court e d appointment of in the nextANY developments receiver in 168 case where: hours, especially with Spain, 1. "in France and Germany Italy, pari delicto" is asserted as a defense front and basis for not coming or as a center with a proceeding in issuance as soon boatload of bond an adversary proceedingfrom now... third party as 9 hours against any that May: Spain auction. Bills. 14 the trustee or bankruptcy judgeMay: Italy to be liable to the 14 believes auction. Bonds. estate and/or its creditors, or and 14-15 May: Eurogroup E2. O F I N f i n a n c e m i n i s t e r s C the trustee, any creditors' committee. or bankruptcy judge meetings determines Greece auction. Bills. is 15 May: that "in pari delicto" likely to restrain Estimate EU and 15 May: Flash collection of an otherwise collectibleEurostat to euro area GDP. sum, unless, after a hearing, the estimates for publish preliminary Bankruptcy Court rules that it is not in the Q1 2012 GDP. interest ofSpainestate toBonds. 17 May: the auction. pursue such May: Spain auction. Bills. 22 claim. trustee German parliament A 25 May: and/or any affected creditor ncan u r o z o n e Ftos c a l v o t e o E then appeal i the Compact. The Fiscal Compact to strengthen budgetary discipline within the euro area will require a two-thirds majority in both the Bundestag and the Bundesrat, the upper house. Until now,
related District Court without limitation by reason of the bankruptcy stay. It should then be up to the District Court to determine whether a separate limited receiver is to be appointed (like a "special master") with respect only to those claims or to appointment of a full receiver. When a full receiver is appointed, the District Court should be allowed to elect the trustee as a receiver, in the event there is found to be no conflict of interest, or to merely add receivership authority to the role of the trustee appointed by the District Court. Empowering Bankruptcy Courts to use receivers appointed and empowered by federal District Courts restores the faith of investors that fraud is NEVER a "defense" and overcomes the desire of trustees (and even some bankruptcy judges) to keep Article III courts out of bankruptcy issues. Expanded use of receivers in bankruptcy is also consistent with centuries of law that fraud overcomes any discharge of debt in bankruptcy. So this proposal is not so much a "change of law" but rather a recognition that markets suffer whenever fraud is an effective "defense" in bankruptcy or other venues. Questions? Comments? info@institutionalriskanalytics.co m
About IRA Products and Services IRA for Banking and Finance Professionals - We offer enterprise grade analytics and privileged process support for risk surveillance, compliance testing and investment research via subscription products such as the Professional IRA Bank Monitor. IRA also offers custom analytics services, hosted component tools, and bulk data feeds to clients for use in their internal systems. For more details, please call our Torrance, California office at (310)676-3300. IRA for Business - Corporate risk management is an ever vigilant concern as the economy continues to evolve. We offer corporate CFO's and Treasurers online tools to monitor the health of their banking relationships whether they be credit facility providers, depository relationship banks, or investment counterparties. It doesn't whether you deal with only with TBTF's or local community banks, we cover them. Contact Diana Waters at our Torrance, California office for more details and to arrange a demo for your team. IRA for Consumers - IRA believes that "ordinary people" matter. We provide consumers the same analysis horsepower to render banks transparent via an easy to buy online reports website at IRABankRatings.com system. The Institutional Risk Analyst is
published by Lord, Whalen LLC (LW) and may not be reproduced, disseminated, or distributed, in part or in whole, by any means, outside of the recipient's organization without express written authorization from LW. It is a violation of federal copyright law to reproduce all or part of this publication or its contents by any means. This material does not constitute a solicitation for the purchase or sale of any securities or investments. The opinions expressed herein are based on publicly available information and are considered reliable. However, LW makes NO WARRANTIES OR REPRESENTATIONS OF ANY SORT with respect to this report. Any person using this material does so solely at their own risk and LW and/or its employees shall be under no liability whatsoever in any respect thereof. Average: Your rating: None This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
"How do I know if a paid app is really worth the money?" [Ask The Commenters Roundup]
(Lifehacker)
Submitted at 5/13/2012 2:00:00 PM
How do I know if a paid app is really worth the money? Is there any way to force a Ubuntu update? I'm moving in with my girlfriend and we need to combine music libraries. What's the best way? My seventeenth birthday's coming up an I'm not sure what I should spend the budget of $250 on. Has anyone been able to connect to a Minecraft multiplayer server while behind a proxy? I just wanted to brag for a second about my new bulldog. More
Economy/
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What History Tells Us About A Possible Greek Exit

David Schawel (Money Game)
Submitted at 5/13/2012 5:11:50 PM
fled to Germany, causing Spanish yields to rise and forcing the Government into austerity. The A number of hours per week for average observer can see this in me are spent reading through a c t i o n w i t h B u n d y i e l d s various pieces of sell-side & plummeting to ~1.50% as of independent economic and macro Friday. research. The merits of such a Now back to Greece for a practice can be debated, but it no moment. Their future is less q u e s t i o n p r o v i d e s m e a certain given the recent elections consensus view of current and now the previous bailout is economic views. Over the last uncertain. Is an exit now possible week or two the sell-side has or probable? What would an exit increasingly raised the likelihood from the euro look like, and how of a Greek exit from the Euro. w o u l d i t b e a c c o m p l i s h e d ? Take for instance: Furthermore, are there any JP Morgan raised the odds of a historical examples we could Greek exit to 30-50%. point to that would give us a clue T h e f e a r s c e n a r i o i s a s to the repercussions? John followsmassive capital flight in Hempton, a brilliant hedge fund anticipation of exit force capital manager from Bronte Capital, controls in Greece, and new IOUs touched on this very topic in an to pay public workers which starts u n d e r r a t e d b l o g p o s t l a s t the process to a new currency; September. Below is an excerpt: c a p i t a l f l i g h t f r o m r e s t o f Variant 1 - the Argentine option: periphery. If periphery countries Default and de-peg the currency. then impose capital controls, the When Argentina defaulted not monetary union is effectively only did the government default dead, as one countrys euros are but they forced a private default. then not the same as another If you had a debt in US Dollars in countrys euros. Argentina prior to the default you We have already seen capital were forced to pay it back in Peso. flight within the EU. As Richard Indeed it was illegal to make Koo stated this week, Spain payment in US dollars. has a private sector that is Likewise if you had a US dollar deleveraging in spite of near-zero asset you got back Peso. A dollar interest rates. But the resulting deposit in Citigroup in Buenos savings surplus has not remained Aires became a peso deposit. If within the country. Instead it has you really wanted to keep your
dollars you needed to make your Citigroup deposit in New York. The forced private sector default was necessary for Argentina. The Argentine banks all had lots of US dollar funding. If you devalued without forcing their default then they would all have uncontrolled defaults (a true disaster) and the country would lose its institutions. Telefonica Argentina would have failed too - failing to replay USD debts. The same applies in Greece. If the Greek Government were to devalue the new Drachma (to perhaps a third the value of the Euro) then the banks (which are loaded with Greek Sovereign paper) would default. Even Hellenic Telecom would default because they would be forced to repay their billions of Euro borrowings whilst collecting only Drachma phone bills. The Argentine economy was doing quite nicely after the devaluation. The lesson was that devaluation worked - provided you simultaneously forced private sector default. If you were Greece you would take this option without hesitation. However this option has explosive implications for Europe. You see a bank deposit in Athens is going to turn your Euros into Drachma. Overnight it will lose 70 percent of its valuation.
So it has to be done quickly and with an element of surprise (as per Argentina when most people did not get their dollars over the border). Without surprise people will rush their money to Deutsche Bank in Munich. One weekend we will just find that the Greeks have done it. But now suppose Greece does pull this trick. The day after we have a Drachma - deposits are in Drachma. We might print a single 10 drachma note and allow it to settle against the Euro - then over time print more. This should work for Greece. Now if you are Irish or Italian or Portuguese (or even Spanish) you know the rules. You get to get your Euro out of the PIGS and into the core (Germany) as fast as possible. So max all your credit cards (for cash), draw all your bank deposits and load them in the boot of your car and make the drive to Switzerland or Germany. Somewhere safe. Otherwise you are going to lose half the value the day that the rest of the PIGS do a Greece. And this bank run a run including tens of thousands of Italians driving their Fiats - will surely blow apart every Italian bank. And their Euro-skeloritic compatriots will sign the death knell for for all their banks too. If you are going to go the
devaluation route you are going to have to do it all at once. Like the big-bank weekend (maybe coinciding with a week long bank holiday) in which all core European countries get their own currency back. There is a precedent. It is not a pretty one. When the AustroHungarian empire collapsed there was a single currency over a huge area covering much of what is now Euroland. In this case the rather Germanic Austrians were in charge (or rather were in charge until their empire collapsed). What they did was put troops on all the borders and made it illegal to take cash (or wire cash!) across borders. Then all Austro-Marks in each country was stamped converted to Drachma for Greece, Marks for Germany, Peseta for Spain or whatever the currencies of the day were [If someone remembers the 1918 border splits better than me they are welcome to say] In this conception all Spanish debts become Peseta debts. All German debts become Mark debts. All Greek debts become Drachma debts. Unstamped currency goes worthless. If you are going to split the currency I see no alternative to a big bang - and if you do that I see WHAT page 44
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Economy/
Guest Post: Can Banking Regulation Prevent Stupidity?

Tyler Durden
Submitted at 5/13/2012 4:30:23 PM
In the wake of J.P. Morgans epic speculatory fail a whole lot of commentators are talking about regulation. And yes this was speculation if Dimon gets to call these activities hedging portfolio risk, then I have the right to go to Vegas, play the Martingale roulette system, and happily call it hedging portfolio risk too, because hey the Martingale system always wins in theory. From Bloomberg: The Volcker rule, part of the Dodd-Frank financial reform law, was inspired by former Federal Reserve Chairman Paul Volcker. Its supposed to stop federally insured banks from making speculative bets for their own profit leaving taxpayers to bail them out when things go wrong. As we have said, banks have both explicit and implicit federal guarantees, so the market doesnt impose the same discipline on them as, say, hedge funds. For this reason, the Volcker rule should be as airtight as possible. Proponents of regulation point to the period of relative financial stability between the enactment of Glass-Steagall and its repeal. But lets not confuse Glass-Steagall Its a totally different ball game. with whats on the table today. To be honest, I think the Volcker rule is extremely unlikely to be
effective, mostly because megabanks can bullshit their way around the definitional divide
between proprietary and hedging. If anything, I think the last few days have proven the
ineffectiveness, as opposed to the necessity of the Volcker rule. Definitions are fuzzy enough for this to continue. And whatever is put in place will be loopholed through by teams of Ivy League lawyers. What is the difference between hedging and speculation, for example? In my mind its very clear hedging is betting to counterbalance specific and explicit risks, for example buying puts on a held equity. In the mind of Jamie Dimon, hedging is a fuzzy form of speculative betting to guard against more general externalities. I know that I am technically right, and Dimon is technically wrong, but I am also fairly certain that Dimon and his ilk can bend regulators into accepting his definition. What we really need is a system that enforced the Volcker principle: As Matt Yglesias notes: Once bank lawyers finish finding loopholes in the detailed provisions, whatever they prove to be, the rule will probably have little meaningful impact. The problem with principlesbased regulation in this context is that you might fear that banks will use their political influence to get regulators to engage in a lot of forebearance. The problem with GUEST page 42
Economy/ Gaming/
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Crushing Defeat for Merkel's CDU Party in German Elections as Voters Reject Austerity; Crown Prince Turns Into Frog
noreply@blogger.com (Mike Mish Shedlock) (Mish's Global Economic Trend Analysis)
Submitted at 5/13/2012 1:32:00 PM
The BBC reports New election blow for Germany's Merkel Chancellor Angela Merkel's conservatives have suffered heavy losses in an election in Germany's most populous state, exit polls suggest. Support for the Christian Democrats dropped from 35% to 26% in North Rhine-Westphalia, with the Social Democrats set to return to power with the Greens. It is the Christian Democrats' worst result in the state. Analysts say many voters rejected Mrs Merkel's tough line on fiscal discipline as a cure for state debt. In another development, the exit polls suggested Germany's Pirate Party had won seats in North Rhine-Westphalia, making it their fourth state parliament. The Pirate Party has grown in strength recently with its calls for transparency and internet freedom. According to two exit polls, the Social Democrats (SPD) won around 38%, the Christian Democrats (CDU) 25.5%, the Greens 12%, the Free Democrats
(FDP) 8.5%, the Pirates 7.5% and the Left, 2.5%. The FDP, the CDU's national coalition partner, performed better than expected, increasing their vote by nearly two percentage points and thereby giving the lie to speculation that they might fail to win seats. When the CDU and FDP recently lost elections in the northern state of Schleswig-Holstein, Mrs Merkel's party scored its lowest tally there for 50 years. German Voters Reject Austerity The Financial Times reports German Voters Reject Austerity Angela Merkels centre-right Christian Democratic Union suffered a bruising defeat on Sunday night in the election of a new parliament in North RhineWestphalia, Germanys most populous state, when the centreleft opposition of Social Democrats and Greens won a clear majority. The vote for the CDU slumped to just 26 per cent, according to the first exit polls, by far its worst result in the state in the post-war period, and a serious setback for the German chancellor. The outcome will be seen as a rejection by voters of the strict austerity policy promoted by Ms
Merkels party at both local and national level, and a boost for the opposition. It will encourage the SPD and Greens to campaign all out for a red-green coalition at national level when Ms Merkel stands for re-election in autumn 2013. However the biggest casualty will be Norbert Rttgen, environment minister in Berlin and leader of the CDU in NRW, who immediately took responsibility for the disastrous defeat and announced his resignation from the local party leadership. Mr Rttgen, who was regarded as a crown prince and potential successor to Ms Merkel, had sought to make the governments austerity policy in Berlin and in Europe the central theme of the NRW campaign. The outcome suggests that he made a mistake in doing so, and that the CDU espousal of austerity in NRW actually lost the party votes. Crown Prince Turns Into Frog It is probably amazing to most US citizens that a political party named "Pirates" running on a platform of internet freedom could win any seats. Such is the nature of European politics where parties get representation if they
meet a small threshold, in Germany's case, a mere five percent. The big news is not the Pirate Party but the trouncing CDU took at the hands of the Social Democrats. Ex-crown prince, Mr. Rttgen, is now a toad because he played himself as a Merkel clone. He tried to take the blame for this debacle, but without a doubt Merkel will bear the brunt of the blame. Mike "Mish" Shedlock h t t p : / / globaleconomicanalysis.blogspot. com Click Here To Scroll Thru My Recent Post List Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http:// www.sitkapacific.com/ account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific.
DLC Quest now on Mac App Store

Jordan Mallory (Joystiq)
Submitted at 5/13/2012 7:30:00 PM
Going Loud Studios' uniquely endearing commentary on the current state of our industry's fetish for all things microtransactional is now available on the Mac App Store for $0.99, a whole dollar less than its original price on Desura. In case you somehow missed our Indie Pitch or the subsequent interview with the game's creator, DLC Quest examines what happens when "DLC goes too far," requiring players to collect coins to purchase basic gameplay functionality such as "animation" and "walking to the left." DLC Quest now on Mac App Store originally appeared on Joystiq on Sun, 13 May 2012 19:30:00 EST. Please see our terms for use of feeds. Permalink| Email this| Comments
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Economy/
GUEST
rules-based regulation in this context is that its really hard to turn a principle into a rule. And I fear that nothing short of a return to Glass-Steagall the explicit and categorical separation of investment and retail banking will even come close to enforcing the Volcker principle. Going even further, I am not even sure that Glass-Steagall will assure an end to this kind of hyper -risky activities that lead to crashes and bailouts. The benefits of the Glass-Steagall era (particularly the high-growth 1950s and 1960s) were not solely derived from banking regulation. America was a very different place. There was a gold exchange standard that limited credit creation beyond the economys productive capacity ( which as a Bank of England study recently found is correlated with financial and banking stability). But beyond that, America was creditor to the world, and an industrial powerhouse. And Im sure Paul Krugman would hastily point out that tax revenues on the richest were as high as 90% ( although it must be noted that this made no difference whatever for tax revenues). And we should not forget that it was that world that give birth to this one.
Anyone who worked in finance in the decade before GlassSteagall was repealed knows that prior to Gramm-Leach-Bliley the megabanks just took their hyperleveraged activities offshore (primarily to London where no such regulations existed). The big problem (at least in my mind) with Glass-Steagall is that it didnt prevent the financialindustrial complex from gaining the power to loophole and lobby Glass-Steagall out of existence, and incorporate a new regime of hyper-leverage, convoluted shadow banking intermediation, and a multi-quadrillion-dollar derivatives web (and more importantly a taxpayer-funded safety net for when it all goes wrong: heads I win, tails you lose). I fear that the only answer to the dastardly combination of hyperrisk and huge bailouts is to let the junkies eat dirt the next time the system comes crashing down. You cant keep bailing out hyperfragile systems and expect them to just fix themselves. The answer to stupidity is not the moral hazard of bailouts, it is the educational lesson of failure. You screw up, you take more care next time. If youre bailed out, you just dont care. Corzine affirms it;
Iksil affrims it; Adoboli affirms it. And there will be more names. Which chump is next? If youre trading for a TBTF bank right now especially if your trading pattern involves making large bets for small profits (picking up nickels in front of steamrollers) it could be you. I fear that the only effective regulation was that advocated way back before Gramm-Leach-Blilely by Warren G and Nate Dogg: We regulate any stealing off this property. And were damn good too. But you cant be any geek off [Wall] street, gotta be handy with the steel, if you know what I mean, earn your keep. In other words, the next time the fragilista algos and arbitrageurs come clawing to the taxpayer looking for a bailout, the taxpayer must kick them off the teat. This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
KRUGMAN: Here's How The Whole Eurozone Could Unravel In Just A Matter Of Months
Joe Weisenthal (Money Game)
He concludes: "And were talking about months, not years, Submitted at 5/13/2012 6:33:15 PM for this to play out." Paul Krugman has a gloomy post This might be extreme, but it this evening explaining how might not be, but the key is that it quickly the whole Euro could would be a Greek departure that unravel. would set it all off. A country It basically goes like this: Greece leaving the Eurozone would have leaves the euro "very possibly terrible consequences, which next month." That would lead to a everyone realizes, and actually massive run on Italian and that part of the reason that Spanish banks. There would be investors don't think it's going to massive borrowing from the ECB happen -- because it would be so to prevent a banking collapse. At bad. which point Germany has to Please follow Money Game on decide: Shoulder a major burden Twitter and Facebook. for the debts of Spain/Italy, etc., Join the conversation about this or let it all go. story
Economy/ Culture/
43
Mud Slinging Carries the Day in Greece; Again and Again Samaras Proves He's a Liar; New Elections Likely
lenders, the official said. Mr Samaras criticised Syrizas 37 -year-old leader for refusing to help form a coalition or support a Submitted at 5/13/2012 2:06:00 PM Things are looking better for government that would try to reGreece as the latest report is negotiate the terms of the bailout. Greek coalition talks break down I dont know where (Alexis) in acrimony. Tsipras is heading, Mr Samaras Greece appeared to be heading said at the end of a 90-minute for fresh national elections after meeting described as highly last-ditch coalition talks chaired charged by presidential aides. by the countrys president ended Evangelos Venizelos, leader of in mutual mud-slinging by the t h e P a n H e l l e n i c S o c i a l i s t c o n s e r v a t i v e , s o c i a l i s t a n d Movement (Pasok), accused the leftwing leaders. Syriza leader of showing Antonis Samaras, leader of the a r r o g a n c e b y o p p o s i n g a centre-right New Democracy coalition deal. Again and Again party, said the radical left Samaras Proves He's a Liar coalition Syriza had blocked Samaras' idea that terms of the efforts to break the deadlock, even bailout can be renegotiated is a after a letter from premier Lucas complete farce and he knows it. Papademos was circulated at the He is simply looking for any way meeting outlining Greeces to get into power. deteriorating fiscal position. Moreover, falling tax receipts Tax collection slowed markedly means only one thing: harsher during the election campaign, austerity terms and more demand putting budget deficit targets at from Germany not less. If there risk, according to a finance was any change of heart from ministry official. Prolonged Germany, it would be up to political instability would also Germany to lead the way, not delay the implantation of a 40bn Greece. Samaras knows this as recapitalisation scheme for Greek well. banks included in the countrys I suppose one can accuse Syriza second bailout by international party leader Alexis Tsipras of lies
as well, given he is running on a platform of staying in the Euro as well as defaulting on debts. However, anyone with an IQ above the level of a rock knows that is impossible. Let's hope for another election on June 10th or 17th, one with a clear mandate to tell the Troika to go to hell. Such an outcome is in the clear best interest of all of Europe. Mike "Mish" Shedlock h t t p : / / globaleconomicanalysis.blogspot. com Click Here To Scroll Thru My Recent Post List Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http:// www.sitkapacific.com/ account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific.
ABC Cancels Controversial 'GCB' Series

(Christianpost.com > Most Popular)
so sorry to tell you all that #GCB has been cancelled by ABC. #Heartbroken." May 13, 2012| 11:38 am Like us on Facebook ABC has officially passed on "Onstage. Sound check. Bad ordering second seasons of four timing abc. San Fran will get a series, including "GCB," which is g r e a t s h o w t h o ! " K r i s t e n based on Kim Gatlin's novel Good Chenoweth, head "GCB" Carlene Christian Bitches and centers on a Cockburn in the series, wrote on newly widowed woman who Twitter. moves back with her family to the Leslie Bibb, the protagonist who u p s c a l e D a l l a s , T e x a s , plays a divorced mother and neighborhood where she grew up, former high school "mean girl," according to tvline.com. tweeted, "To all u #GCB fans & The "Missing," "The River" and Amanda lovers, thx 4 the "Pan Am" series have also been The American Family canceled. Association had filed a petition The series, which was changed against the show, saying, "With a from the original title "Good title like Good Christian Bitches, Christian Bitches" to "Good you can imagine what kind of Christian Belles" and finally to show it will be. Even if they "GCB," was only able to attract an change the title, the content will average of 5.9 million viewers still mock people of faith." and 1.9 ratings in the adults 18-to- One Million Moms also called 49 demographic. for a boycott of "GCB" as Stars of the series, touted as the "blasphemy at its worst!" h e i r t o t h e " D e s p e r a t e This entry passed through the Housewives" throne, tweeted Full-Text RSS service if this is about its cancellation. your content and you're reading it "[ABC] is literally in a room in on someone else's site, please read NY right now deciding our fate. the FAQ at fivefilters.org/content#GCB # G C B S e a s o n 2 only/faq.php#publishers. Five #PleaseLord," cast member Filters recommends: Donate to Jennifer Aspen wrote on Twitter Wikileaks. Friday, and then announced, "I'm
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Culture/ Food/
WHAT
no alternative to troops at the border stopping transfers (and wire transfers) because shifting cash North looks so profitable against a sudden devaluation. Suddenly and against all historic hope its time again to guard the French-German (and every other European border) with troops for a week whilst the money is stamped. Note however almost every country borrowed in hard currency (Marks) and got to repay in soft currency (Drachma). This is a scheme which shifts the loss home to Germany and with little compensating benefit except that they get their beloved Mark back. Its a scheme that is way better for the periphery because they get to keep their institutions. In two years they should bounce back like Argentina bounced back after their default. Unilateral Greek default and devaluation without planning for the periphery to do the same well that is a true mess. Too ugly almost to think about - and it would be unilateral for less than a
week. The rest of Europe falls into that abyss with maximum movement of deposits and cash in the meantime. Wow. What a great piece by Hempton, and awesome food for thought. But this could be reality in a matter of weeks or months. Could you imagine troops at borders preventing the transfer of euros to places like France and Germany? Like he said, it would need to be done quickly. As stated above, capital flight has already started in earnest as brisk flows into Germany have depressed bund yields. Can anything be done now to help? The issue is greater than just Greece. Richard Koo and others have recommended that eurozone governments prohibit selling bonds to people outside of their own borders. Private Spanish savings, for instance, could be invested into Spanish bonds instead of German bonds. Its clear that the dynamics between heavily indebted peripheral countries and creditor nations such as Germany are
inextricably linked. The capital flights into Germany are affording an already healthy economy (unemployment at a 20yr low, industrial production approaching record highs), to potentially overheat. Koo speculates that this could lead to a German housing bubble. Theres obviously a ton of different dynamics happening here, but from everything Ive read it appears the actual implications of a Greek exit are being underestimated. Thanks again to John Hempton for a vivid description of what that might look like. Furthermore, could that possibly be in the cards for additional peripheral countries if things continue to deteriorate? Please follow Money Game on Twitter and Facebook. Join the conversation about this story
Princes William and Harry Welcome Kate to a Polo Match

Allie Merriam (PopSugar)
Submitted at 5/13/2012 1:42:29 PM
Princes Harry and William spent their weekend in Berkshire, England, for a polo tournament. Both guys were atop their horses yesterday and today, with William's wife Kate Middleton making a cameo this afternoon. William and Kate stunned at Friday's Our Greatest Team Rises Gala dinner at London's Royal Albert Hall. Kate wore a Jenny Packham gown that featured a gorgeous lace back. Despite being known for her long brown hair usually worn with a curl, Kate decided on an updo to show off the dress's intricate back detail. The weekend's sporting events were part of the Audi Challenge Cup, which raised money for
various charities supported by William, Kate, and Harry. It was an outing for the whole family, since even Will and Kate's puppy Lupo was there! Prince Harry had a double dose of cuteness, having said hello to Lupo and a friend's small baby. View Slideshow
Happy Mother's Day

(Simply Recipes)
Submitted at 5/13/2012 3:02:06 PM
Los Angeles, 1961 When I look at this picture of my
mom and me, words fail me. So let me just wish you all a very happy Mother's Day, for our mothers, our grandmothers, and for everyone who mothers.
Continue reading "Happy Mother's Day"
Economy/ Culture/ Finance/ News Photos
45
Greek Communist Party Calls For Annulment of Greek Loan Deal; Yet Another Unfortunate Atttempt to Broker a Deal
attend the meeting, but later reported he would not be taking part. Greek Communist Head Calls For Annulment of Greek Submitted at 5/13/2012 6:58:00 PM I was hoping for an election Loan Deal announcement today, but the The Wall Street Journal reports pressure is on for "one" more day Greek Communist Head Calls For as Greek President to Meet Four Annulment Of Greek Loan Deal Party Leaders Tomorrow in one The head of Greece's Communist more attempt to form a "Unity KKE party Sunday called for the Coalition". annulment of the country's loan G r e e k P r e s i d e n t K a r o l o s deal, ruling out her party's Papoulias will meet with political participation in a coalition p a r t y l e a d e r s a t 7 : 3 0 p . m . government, even as Greece tomorrow as discussions on scrambles to resolve a weeklong f o r m i n g a n a t i o n a l u n i t y political deadlock following government continue, state-run inconclusive polls last week. NET TV said, without citing "We will introduce legislation in anyone. the Greek parliament, which is New Democracy leader Antonis going to set out very specifically Samaras, Pasok leader Evangelos the elimination and annulment of Venizelos and the head of the the [loan agreement], Aleka Democratic Left party Fotis Papariga said after a meeting with Kouvelis will attend the meeting, G r e e c e ' s p r e s i d e n t K a r o l o s NET reported. NET initially said P a p o u l i a s . that Syriza party head Alexis For the benefit of Greece and Tsipras was also expected to taxpayers in the Eurozone in
general, let's hope this last attempt to form a coalition falls flat. The sooner Greece leaves the euro, the sooner it will have a chance to recover. Mike "Mish" Shedlock h t t p : / / globaleconomicanalysis.blogspot. com Click Here To Scroll Thru My Recent Post List Mike "Mish" Shedlock is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction. Visit http://www.sitkapacific.com /account_management.html to learn more about wealth management and capital preservation strategies of Sitka Pacific.
Justin and Jessica Get Loved Up at the Lakers Near Kim and Kanye
Submitted at 5/13/2012 8:23:27 AM
Love was in the air at the Lakers game in LA last night. Jessica Biel and her fianc Justin Timberlake were cuddled up in the front row and even shared a few passionate kisses, with her big engagement ring on display from their courtside seats. JT and Jessica also kissed for the cameras last week at the Met Gala in NYC. While they were in the Big Apple, Justin found time to check in with his pals at SNL. He filmed a cameo for last night's special 100th digital short alongside stars like Natalie Portman and Jon Hamm. The Lakers ended up beating the visiting Denver
Nuggets 96-87. Kanye West and Kim Kardashian showed some PDA of their own at the game, while Zac Efron cheered on the home team with a guy pal. View Slideshow
Key Left-wing leader Fotis Kouvelis plays down hopes for Greek coalition
Andrew Gilligan (Finance News - Business news from the UK and world)
Submitted at 5/13/2012 4:27:37 PM
PHOTOS: Looks of concentration at The Players Championship - 9NEWS.com

(news photos - Google News)
Submitted at 5/13/2012 5:23:33 PM
The only leader standing between Greece and potentially devastating new elections said he had "very little hope" as he
entered last-ditch talks with the country's president yesterday.
PHOTOS: Looks of concentration at The Players Championship 9NEWS.com ( Photo by Sam Greenwood/Getty Images) PONTE VEDRA
BEACH, FL - MAY 13: Martin Kaymer of Germany hits his tee shot on the fifth hole during the final round of THE PLAYERS Championship held at THE PLAYERS Stadium course at TPC Sawgrass on May 13,... and more
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Culture/
How Should the Church Love a Gay Couple? (Part 1)

Christian leaders who could provide a glimpse into what effective care looks like from May 11, 2012| 11:02 am their personal and professional (Photo: UMNS/Mike DuBose) experiences. Protesters for greater inclusivity Without exception, everyone in The United Methodist Church interviewed for this article agreed stand in silent vigil just outside t h a t t a k i n g a l o v i n g a n d the bar of the denomination's empathetic approach is especially 2012 General Conference on May important for those who make the 3, 2012, in Tampa, Fla. decision to attend a church or already attend a church since B o t h C h r i s t i a n s a n d n o n - many involved in homosexuality Christians seemed bewildered by have been scared by the church or the issue. It threatens to create an carry around painful memories of ever-deepening divide within the prior experiences associated with church. Recent sermons by well- Christianity. known and popular pastors, who, Like us on Facebook while addressing sexual sin, stop But everyone agreed that at some short of saying homosexuality is point, the issue of sin has to be f o r b i d d e n o r s i n f u l , h a v e addressed in an appropriate produced intense controversy. manner, especially if they want to Even President Obama addressed b e c o m e i n v o l v e d o r g a i n the issue this week when he membership within the church. finally expressed public support Allen Hildreth, a born-again for same-sex marriage (something Christian who lives in East that insiders on both the left and Tennessee describes himself as an right assert the president has "unassuming, laid back and nonsupported quietly all along): confrontational" person. Until 10 "In the end, the values that I care years ago he was immersed in a most deeply about, and she homosexual lifestyle before (Michelle Obama) cares most finding Jesus. deeply about is how we treat other Hildreth now counsels people," Obama said. individuals and family members To help answer these questions, of those who are struggling with The Christian Post sought out their sexual identity and he has individuals who previously had first-hand knowledge of the been involved in homosexual complexity of the issue. However, relationships, pastors and noted he believes the first question
Christians need to find out about someone who attends their church and is involved in a homosexual lifestyle is where they are in their relationship with Christ. "I think the majority of men and women who are involved in homosexuality don't want anything to do with the church and they'll tell you so," Hildreth told CP. "But the ones who make the effort to come to church are looking for answers and it's our responsibility as Christians to help them. But the approach we take will most likely make the difference whether they stay in the church or leave." "The first thing any Christian should do when anyone walks into a church is greet them warmly and welcome them to God's house," said Hildreth. "We're all sinners in need of a home. As far as the couple who is engaged in a homosexual lifestyle, I think the church should deal with them like they would anyone else a drug addict, alcoholic or any other sinner. But the most important piece of advice I can offer is they should get to know them and listen to them." Hildreth's advice was that men needed to deal with men and women with women. He said homosexuals sometimes have trouble dealing with the opposite
sex so someone of the same gender needs to be the one to initiate the relationship. He went on to say that most of the time the public has a distorted view of most homosexuals. "The overwhelming majority of homosexuals are not the ones you see on television news programs or who write blogs articles on websites," said Hildreth. "Most live quiet unassuming lives and want to be left alone." "The activists are part of what we consider the 'elitist' group and they're the ones challenging the status quo and forcing the issue. Their goal is to convince the public that homosexuality is not a sin, but rather a part of who they are and that they're law-abiding citizens who are good neighbors and productive members of the community." The issue of just how large the homosexual community is is another point widely debated. According to Harvest USA, a Christian organization that works with men and women who are involved in or struggling with homosexuality, 6 percent of males and 11 percent of females have had at least one same-sex sexual encounter at some point in their lives. Approximately 8 percent of men between the ages of 18 and 44 are homosexual or bisexual, while 13
percent of women in the same age range fall into the same category. Many associate homosexuality with men but as the statics point out, more women are involved in same-sex relationships than are men. Penny Nance heads up Concerned Women for America and is a noted Christian leader in national evangelical circles. Nance agreed that Christians should show compassion and love to everyone but at some point the church has to deal with any sin. "We are all sinners and need to be seen as such when we walk into church," Nance told CP. "But the church's role is to teach us God's Word, to point out our sin and make us uncomfortable and to show us Jesus is the only way to an eternal life. That's why it's so important to find a church where the pastor speaks the truth." But the issue of why some pastors are willing to speak on homosexuality and others are not is also dividing Christians and church leaders. Hildreth pointed out that in his experience there are three reasons why pastors avoid the issue of homosexuality. "I don't think many churches are addressing the issue at all," Hildreth pointed out. "First of all, I don't think many pastors HOW page 49
Culture/
47
Top 10 Mothers in Science Fiction and Fantasy (GeekDad Wayback Machine)

Matt Blum (Wired Top Stories)
Submitted at 5/13/2012 8:09:00 AM
Image TriStar Pictures It used to be difficult to find genuinely good female characters in science fiction and fantasy. And even today, with plenty of excellent female characters to pick from, there still arent that many that are also mothers. In honor of Mothers Day today, here are our picks for the ten best mother characters from science fiction and fantasy. (Note: There are possible spoilers ahead, if you havent read/seen the stories from which the characters are taken.) 10. Carol Marcus Raising Jim Kirks son as a single mom couldnt be easy: you hope your genes carry through instead of Kirks, but then the boy starts climbing the tallest trees he can find, chasing anything female with a pulse, and freely ignoring the Prime Directive. But she not only managed to bring up a smart and fairly well-adjusted (if a bit whiny) son, but also be a brilliant and prominent scientist if that doesnt make her an awesome mom, what could? 9. Lady Jessica Atreides- OK, so she may not be the most successful mother ever, but her influence in the Dune universe is son does turn out to be the hard to overstate, with both of her Kwisatz Haderach, so that has to children and her grandson ruling be worth something, right? Her the Empire for periods of time (in
the case of her grandson Leto II, a really long time). Her ultimate legacy is tarnished a bit by her name being used by the
Sisterhood as a warning to practice restraint, but at least she was remembered, right? 8. Martha Kent You think its
tough to deal with your kids temper tantrums? Imagine having TOP page 48
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TOP
to worry theyll register on the Richter scale! And imagine his birthday parties: OK, Clark, blow out the candles CAREFULLY! Its a miracle she had any hair, gray or not, left by the time she was getting old. 7. Padme Amidala Yes, we know, she never actually had the opportunity to be a mother to Luke and Leia. And she did spend most of Episode III sitting at home being pregnant and spouting mind-numbingly bad dialogue. But she was pretty badass in Episodes I and II, and she did produce her twins, who did eventually help bring about the downfall of the Empire. 6. The Alien Queen from Alien She may not look like a very good mom from a human perspective, but consider her side of the story: shes just doing what she needs to do to perpetuate her species. The fact that thats a bit messy for the people on the Nostromo is not her fault, is it? 5. Sharon Athena Agathon It has to be pretty tough, being the first Cylon to successfully reproduce with a human. And unimaginably tough to have your child taken away and to think shes dead. But she manages to stay true to her promises of
allegiance with the humans, and certainly comes through for Hera in the end. The ending, whatever you may think of it, strongly implies that Hera, and thus Athena and Helo, are the progenitors of what became humanity on Earth. 4. Molly Weasley Well never quite understand what possessed Molly and Arthur to have more kids after Fred and George, other than the fact that their two younger kids are essential to the Harry Potter books plots. Molly is a great mom, raising seven great kids (well, maybe six great kids and Percy) without a lot of money, though were sure the magic helped a lot. And of course she treats Harry almost as if hes her son, too. Consider what she had to deal with in the last two books: her eldest son Bill being attacked and disfigured by a werewolf, George losing an ear, and of course Freds death. We do love the scene where she kills Bellatrix Lestrange, protecting Ginny and finally kicking butt the way wed always known she could. 3. Elastigirl/ Helen Parr Its certainly not a stretch to say that shes a great mom. She does everything she can to protect her
family, even at great risk to herself. And it has to be tough raising kids with superpowers (see Martha Kent, above) we never get to see what Violet was like as a little kid, but can you imagine having a toddler who could turn invisible?! 2. Cordelia Naismith Vorkosigan One of the awesomest moms in science fiction, Cordelia kicks butt and takes names. She starts off the Vorkosigan saga as captain of a survey vessel, a position requiring a lot of education and no small amount of command ability. Even after marrying Aral and moving to Barrayar, a planet where women are typically treated as secondclass citizens, she remains resolutely independent and strong. To rescue her unborn son (they use a uterine replicator, so she isnt actually pregnant) she even infiltrates the Imperial Residence and beheads the pretender to the throne. When Miles is an adult, she is always a great mom to him, providing advice and comfort when needed, and a kick in the butt every now and then. 1. Sarah Connor Who else could be at number 1? When it comes to standing up for your family, she goes far beyond what most
people are capable of. She would do, and does, just about anything to ensure her son Johns safety, not just because she knows hes supposed to grow up to be the savior of humanity but because hes her son and anyone who wants to hurt him will have to go through her first. She may not always know the right words to say to John, but sometimes actions speak louder than words, right? So, any favorite sci-fi or fantasy moms we missed? Leave a comment. And of course, Happy Mothers Day to all nonfictional moms reading this! [This article was originally published on GeekDad on May 8, 2010.] This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
Switched On: And smartplayers for all

Ross Rubin (Engadget)
Submitted at 5/13/2012 5:30:00 PM
Each week Ross Rubin contributes Switched On, a column about consumer technology. A few weeks ago, Switched On noted the challenges that even wildly popular, highly penetrated devices such as MP3 players and portable GPS devices have faced in the era of the converged device. Some of these devices, such as digital cameras, still hold on because of genuine advantages such as better image quality or optical zoom. For others devices, though, such as MP3 players and portable GPS devices, the grim news is that one of the main reasons consumers use them is to save smartphone battery life. Continue reading Switched On: And smartplayers for all Switched On: And smartplayers for all originally appeared on Engadget on Sun, 13 May 2012 17:30:00 EDT. Please see our terms for use of feeds. Permalink| | Email this| Comments
Social Network/ News Photos
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HOW
understand homosexuality or think it's not an issue in their church. But the main reason it's not addressed is that pastors don't want to offend members who have children or family members living in the lifestyle. It's a real touchy subject and it's one motivated by membership and money." "Plus, many living in a homosexual lifestyle don't see anything wrong with what they are doing and will argue such. That mainly stems from the fact that they don't have any type of Christian background or point of reference. That's why the pastors preaching what Scripture says about sexual sin is so important." One pastor that feels strongly that the church needs to address homosexuality in a forthright manner is Phillip Meek of Love and Truth Church in Savannah, Tenn. A former athlete, Meek had to deal with an addiction to alcohol as a young man and believes that the church should serve as a place of restoration for hurting people and those who have fallen into sin, whether they are attending church or not.
"When someone falls into sexual sin the goal is to always help them be restored in their relationship with God," Meek said. "Sexual sin as with other sins, never affects just one person. It affects everyone involved because trust is broken, confidence is lost, and perceptions of that person altered. Restoring those involved in sexual sin depends on their willingness to receive help, guidance and direction." "Questions we need to ask are do they take responsibility for their actions, or blame someone else? Are they willing to submit to a time of restoration not of their choosing but a time those that they are accountable to set for them? Each situation will be different but with an attitude of humility, and a willingness to be restored those entangled in sexual sin can find forgiveness and restoration for their lives." Someone who deals with the issue on a daily basis is Dan Wilson of Harvest USA. Wilson has been counseling individuals who struggled with sexual addictions for over a decade and also thinks Christians should
show compassion but take a firm position that homosexuality and other sexual sins are just that sin. "There is a saying in the South that 'we just love people to death,'" said Wilson in a telephone interview with CP. "But as Christians, we need to love them to life instead of loving them to death. Most people, including pastors and church leaders, are afraid to talk to some about their sin because they feel guilty about their own lives. We simply need to all agree that we're all sinners and that the reason Jesus died on the cross is for our sins." One final issue that Hildreth addressed was that of church involvement. "As a Christian I feel it's my responsibility to minster to people and proclaim the Gospel of Christ," added Hildreth. "But at some point after the issue of sin is addressed, the other issue that will need to be addressed is what type of role they can have in the church." Hildreth said few churches today exercise what is known as "church discipline," or removing those who refuse to repent of their sins
after continued counseling and recognition of their sin. "I feel the Church and Christians in particular need to show compassion at all times," he said. "But Christians are called to fellowship with other believers and there is a difference between fellowship and evangelism. "Our job as Christians is to love and introduce the lost to the true Word of God. We are called to love even those who don't accept Jesus, but that doesn't mean we need to fellowship with them or allow them to join the church or assume leadership roles of any kind if they refuse God's Word." READ: CAN YOU BE A GAY CHRISTIAN? This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
Photos: Minnesota 2012 Susan G. Komen Race for the Cure - Pioneer Press
Submitted at 5/13/2012 5:30:37 PM
TopNews Arab Emirates Photos: Minnesota 2012 Susan G. Komen Race for the Cure Pioneer Press Thousands of people turned out on Mother's Day, Sunday, May 12, to raise money for the Susan G. Komen Race for the Cure at the Mall of America in Bloomington. Chance Lindner of Los Angeles honors his mother, Mary Lindner of Brainerd, a 15year breast... Survivors, families race for a cure in Pittsburgh WTAE Pittsburgh all 176 news articles
Happy Mothers Day from Klout!

Lan Nguyen (The Official Klout Blog)
Submitted at 5/13/2012 2:44:26 PM
Tweet This Mothers Day, were
celebrating moms everywhere. We asked you to share how your mom has influenced you in our Pin for Perks contest and we got some amazing responses that you Pinterest board. can find on our#KloutMom
You can also check out our How has a mom in your life graphic to find a collection of influenced you? stories from our Klout employees, some friends of Klout, and some of our contest submitters. Happy Mothers Day!
50
Culture/ News Photos
Obama's Spiritual Adviser Rebukes President on Golden Rule, Same-Sex Marriage

Robert Pattinson Spends His Birthday Weekend With Kristen Stewart

Submitted at 5/13/2012 2:16:45 PM
but it's also the Golden Rule treat others the way you'd want to be treated," Obama stated. May 10, 2012| 3:22 pm Some have accused the president "The Golden Rule is in the Bible o f b e i n g b l a s p h e m o u s f o r but it cannot be used to contradict implying that Jesus supports same God's marriage pattern reaffirmed -sex marriage, but Pastor Hunter by Jesus in Matthew 19:4-5," explained to CP that he does not Hunter shared in an interview believe such a hard case can be with The Christian Post. "Have made against the president. you not read that He who created "I do not believe the president is them from the beginning made being blasphemous, or even them male and female, and said, treating the Bible without regard. 'For this reason a man shall leave Christians have different ways of his father and mother and the two interpreting the Bible. Some think shall become one flesh?'" human love or struggle should Obama affirmed his support for take precedence over the plain same-sex marriage in an interview meaning of the text. Others (like with ABC News on Wednesday, many of us evangelicals) try to which has sparked a great deal of follow what the moral law d e b a t e i n A m e r i c a a m o n g throughout the Scripture says no supporters of the traditional matter how uncomfortable that is. definition of marriage, and those We believe the Bible is centered who want to see gay marriage o n G o d , n o t m a n , " H u n t e r legalized. commented. "In the end, the values that I care Like us on Facebook most deeply about, and she "Though I disagree with the (Michelle Obama) cares most president's interpretation of deeply about is how we treat other Scripture in this crucial issue, I people. We're both practicing will not abandon our friendship," Christians and obviously this Hunter added. "I will just keep position may be considered to put telling him what I believe the us at odds with the views of Bible says and leave the rest to others but when we think about God." our faith the thing at root that we The Florida pastor was contacted think about is not only Christ by Obama before ABC News sacrificing himself on our behalf broadcast the historic interview
Wednesday. Hunter revealed to WOFL FOX 35 that he expressed his disagreement to the president during that phone call. Obama, who had affirmed the biblical definition of marriage while on the 2008 campaign trail before his views began to "evolve," also told Hunter he would protect the religious freedom of churches that oppose gay marriage. "He knew where I stood, because I'm an evangelical and I believe in what the scripture says. One of the reasons he was calling was to protect our relationship and give me a 'heads up' on an interview he had just done," Hunter said. "It wasn't something we were able to talk through, or I would have talked him out of it. "He told me how much he prayed and how difficult a decision this was for him." READ: ON LOVE, HOMOSEXUALITY AND SIN This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
Robert Pattinson was seen today at the Bailiffscourt Hotel in West Sussex, England. The location is just fifteen minutes from where Kristen Stewart has been doing press for Snow White and the Huntsman at Arundel Castle. It seems Robert and Kristen were together to celebrate his 26th birthday! His big milestone is today. We're celebrating the big day with a look at more than 100 hot Robert Pattinson pictures. Kristen has been busy doing interviews and posing for pictures with costars like Charlize Theron and Sam Claflin. Her leading man
Chris Hemsworth was called away from the Castle, though - his wife Elsa Pataky gave birth yesterday! Chris and Elsa are the proud parents of a baby girl, India Hemsworth. View Slideshow
[Photos by DAVID RICHARD | Special to the Times] - Tampabay.com

Submitted at 5/13/2012 2:51:34 PM
Tampabay.com [ Photos by DAVID RICHARD | Special to the Times] Tampabay.com On one wall, the newly formed task force had plastered photos of
the man they knew as Bobby Thompson. Outside another sign read: "What have YOU done to identify/capture 'Bobby Thompson' today?!" Starting with one alias, the team quickly learned of... and more
Culture/
51
Indonesia Is the Next Action-Flick Hot Zone

Brian Raftery (Wired Top Stories)
Submitted at 5/13/2012 7:30:00 AM
| Next >> Director Gareth Evans' The Raid: Redemption is part of a new wave of action flicks filmed in Indonesia. | Next >> View all A few years ago, Welsh-born filmmaker Gareth Evans went to Jakarta, Indonesia, to work on a documentary about pencak silata fluid, fast-paced, akimbolimbed style of martial art. He stuck around to make the 2009 film Merantau, which follows a
silat student as he dispatches baddies with a storm of flips, punches, and air kickssometimes all in one balletic motion. Also in this issue The Man Who Makes the Future How to Spot the Future The Rise of the Robot Reporter
Merantau became a cult hit, in large part because of its lack of action-flick frippery: no egregious slow-mo, no CG embellishment. We try to keep everything realistic, Evans says, to deliver it short, sharp, and as much in real time as possible. That approach is readily evident in Evans latest film, The Raid: Redemption, a crazy-violent tale
that follows a SWAT team as it storms a decrepit, thug-filled apartment building. A hit at both the Toronto and Sundance film festivals, The Raid could make Indonesia the next action hot zone. With a budget of about $1 million, its got a minimum of wirework and visual effects, but it packs more visceral thrills than Fast Five. Evans and
his stars spent months mapping out, rehearsing, and shooting the fight scenes, one of which lasts for nearly seven minutes. Backs are broken, skulls are bounced along the walls, and a filing cabinet becomes a deadly weapon. Before Evans goes to work on a planned sequel, one of his stars is teaching him pencak silat so hell better understand the poetry of beatdowns. The director says the training is grueling: I think hes just getting revenge for making him do take after take. Photos: Akhirwan Nurhaidir/ Sony Pictures Classics This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
52
Culture/ Politics-Left/
Leadership lessons from Greek crisis talks Mets pitcher R.A. Dickey fail to yield cabinet deal
(Holy Kaw!)
Submitted at 5/13/2012 4:06:56 PM
They say that all of life's lessons can be learned from baseball. CBS Money Watch furthers the point, offering up some leadership lessons from Mets pitcher R.A. Dickey. Dickey went from being a lackluster pitcher to pitching for the New York Mets. From the article: Dickey's rebirth as a pitcher and as a person highlights a key attribute of effective leadership: resilience. I have found that most leaders are far more resilient than they know. Like Dickey, they tend to be high achievers, but at some point in their careers they
(AL JAZEERA ENGLISH (AJE))
hit a roadblock that stops them he was able to tap, helping him dead. For Dickey, it was not one persevere in a career and a game thing holding him back; rather, it that he loved. was 23 years of denying his Full story at CBS Money Watch. painful past, leading him to make Top leadership news. poor choices. Paradoxically, Photo credit: Fotolia perhaps, that turmoil also gave Permalink| Leave a comment him a sense of inner strength that
spots in the election, including the conservative New Democracy and Submitted at 5/13/2012 5:42:58 PM socialist PASOK parties. Greek radical left leader Alexis Papoulias is making a last-ditch Tsipras says he will not join or effort to broker an agreement and support a pro-bailout coalition break the deadlock created by the government, saying he cannot elections, which left no party with agree to what he terms a mistake. enough parliamentary seats to His continued refusal makes new form a government. elections in the crisis-struck If no deal is reached, Greece country more likely. must hold new elections next Tsipras made the comments on month, prolonging the political Sunday after attending a meeting uncertainty and endangering the convened by President Karolos country's euro membership. Papoulias with the heads of the GREEK page 52 parties that won the top three
12 grammatical errors that make you lose credibility

(Holy Kaw!)
GREEK
ReadWriteWeb. Here are a few of the mistakes that could kill your credibility: Grammar is one aspect of the In my personal opinion: If it's Internet Age that people fail to your opinion, it's personal. The c o n s i d e r . O n t h e i n t e r n e t , qualifier "personal" is redundant. everything is typed, which leaves This one is so often used, though, lots of room for you to make one that it can be hard to avoid. of these twelve grammar You're or your: Another "your" is possessive while m i s t a k e s , p o i n t e d o u t b y possessive that causes confusion, "you're" is a contraction of "you
Submitted at 5/13/2012 3:39:28 PM
Papoulias, whose ceremonial role normally keeps him above the political fray, planned to meet smaller parties elected to parliament, and to continue talks on Monday. are." State television said talks would Literally: Don't use literally when continue between the heads of the you really mean figuratively. top three parties, plus the head of Literally should be used to mean the small Democratic Left party, "in reality," not as an intensifier. which is in a king-maker position. Full story at ReadWriteWeb. European Union leaders have Top leadership news. warned that without a government Photo credit: Fotolia that backs the rescue plan, Greece Permalink| Leave a comment will stop receiving payments and GREEK page 54
Politics-Left/
53
Afghan peace envoy shot dead in Kabul

Submitted at 5/13/2012 6:03:39 PM
Kabul. "His driver did not immediately realise that Rahmani had been A top member of Afghanistan's killed," Zahir told the Reuters High Peace Council (HPC) and news agency. former Taliban-era official has The Taliban, who have waged a b e e n s h o t d e a d i n t h e decade-long insurgency aimed at c a p i t a l , a c c o r d i n g t o l o c a l toppling Karzai's government, authorities. threatened earlier this month to Arsala Rahmani was killed in target members of the HPC as western Kabul on Sunday when part of their "spring offensive". an unknown attacker in a vehicle Taliban spokesman Zabihullah shot the former Taliban deputy M u j a h e d , h o w e v e r , d e n i e d education minister while on his involvement in Sunday's killing. way to work, said Mohammad The rebels are known to deny Zahir, head of the Kabul police high-profile assassinations and d e p a r t m e n t ' s c r i m i n a l attacks with many civilian i n v e s t i g a t i o n d i v i s i o n . casualties. "Shortly after leaving home he Rahmani's body has been was hit by a single bullet from a transported to Sardar Dawood passing car. The bullet passed Khan hospital in the Afghan through his left arm and hit his capital. h e a r t , " M o h a m m a d W a r i s , The HPC was set up by Hamid Rahmani's grandson, told the AFP Karzai, the president, two years news agency. "He died in the ago to open talks with the hospital." The former British Taliban. a m b a s s a d o r t o A f g h a n i s t a n Rahmani was among a group of discusses the prospects for peace Taliban-era leaders to accept a and stability. reconcilliation offer Karzai when Rahmani was on his way to a he became a close adviser to the meeting with politicians and other Afghan president. officials in a government-run 'Tragedy' media centre in the heavily Before joining the HPC, the 70barricaded diplomatic centre of year-old served as a senator
appointed by Karzai in 2005 and again in 2010. Burhanuddin Rabbani, the former head of the HPC, was assassinated on September 20. Rabbani, a former president, was killed by a suicide bomber posing as a peace emissary from the Taliban. On their official Twitter account, the US embassy in Kabul called the death of another HPC member a "tragedy". The International Security Assistance Force in Afghanistan released a statement calling Rahmani an "inspiration to us all"
for his decision to leave the Taliban and engage with the Afghan government. "The only possible aim of this attack is to intimidate those, who like Rahmani, want to help make Afghanistan a better place for its citizens and the region", the statement read. Officials within the Karzai administration have recently said that Taliban willing to negotiate with the Afghan government have been facing serious threats from others within the movement. Aimal Faizi, spokesman for
Karzai, said that most Taliban commanders who spoke of negotiations with the government have either been detained or killed. Zabiullah Mujahid, spokesman for the Taliban, has denied the group's involvement, saying "we are still committed to our campaign against the so-called members of the so-called High Peace Council, but again I insist that the Taliban were not behind todays assassination". Mujahid was referring to a statement issued earlier this month that members of the council and other officials in Afghanistan will be targeted as part of the group's spring offensive. This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
54
GREEK
could find itself pushed out of the eurozone. Sunday's meeting broke up after less than two hours of talks, and leaders said the discussions had hit a snag, though they expressed the hope that difficulties could be overcome. Socialist leader Evangelos Venizelos said he felt "limited optimism" after the talks. "Even now, despite the impasse at the meeting we had with the president, I hold on to some limited optimism that a government can be formed," he said. He told party cadres that the talks came to a "dead end," indicating that hopes now fall on the cooperation of a smaller proEuropean leftist party. Syriza, which made massive gains to come second in last Sunday's election, campaigned on an anti-bailout platform and insists any new government must cancel the austerity measures Greece has had to commit to in exchange for international
bailouts. 'Partners in crime' After the talks, Syriza's leader Alexis Tsipras said the group refused to join a national unity government that includes parties supporting the bailout. "They're not seeking an accord with Syriza ... they're asking us to be their partners in crime and we will not be their accomplices,"he said. IN DEPTH Tsipras argues that the bailout terms are so onerous that they are giving the country's battered economy no chance of recovery. But both PASOK's Venizelos and New Democracy's Antonis Samarashave, whose parties negotiated the deals, have slammed Tsipras' position as irresponsible. They say his policies would lead to disaster and force Greece out of the EU's joint currency, something that none of the political leaders say they want. The political impasse must be overcome by Thursday, when parliament convenes, or new
elections will have to be called in June. A new poll published hours before the meetings on Sunday showed Greeks were desperate for a coalition government that will keep the country in the euro. An overriding 72 per cent said parties should co-operate "at all costs" in the Kappa Research poll published in To Vima weekly. In response to a separate question, 78.1 per cent said the new government should do "whatever it takes" to keep Greece in the euro. Another group, the more moderate Democratic Left, could have provided the pro-bailout parties with enough votes to form a cabinet but has refused to do so unless Syriza joins too. Exit not 'fatal' European leaders say keeping the euro is impossible for Athens unless it sticks to the pledges to clean up its finances that it made in the bailout. Officials in Brussels who once refused to discuss any country
leaving the euro now talk about a Greek exit as a real, if painful, possibility. A prospect once seen as devastating for the continent's financial system is viewed as more manageable since banks wrote off much of their Greek debt this year. "Technically, it can be managed," Irish central bank chief and European Central Bank policymaker Patrick Honohan said on Saturday, saying Greek exit would be a knock on confidence in the eurozone as a whole but would not necessarily be "fatal". This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
Politics-Left/ Gaming/
55
Mutilated bodies found in northern Mexico

Submitted at 5/13/2012 2:50:28 PM
Mexican authorities have found the dismembered bodies of at least 49 people stuffed into bags and dumped on a highway near the northern industrial city of Monterrey in what appeared to be part of a string of brutal drug gang killings, local media reported. The bodies were found in the early hours of Sunday, sparking a large deployment of local, state and military officials to the scene, daily Excelsior reported on its website. Click here for more of Al Jazeera's special coverage "We are still in the process of counting the bodies, but there are at least 37 that we have tallied so far," a spokesperson for the state of Nuevo Leon, the home state of Monterrey, told the AFP news agency. The bodies were found on an isolated stretch of the highway 180km from the US border. The report follows a string of atrocities, including 18 people who were found decapitated and dismembered near Mexico's second-largest city, Guadalajara,
Rumor: Awesomenauts DLC character info discovered

Jordan Mallory (Joystiq)
on Wednesday. Just a few days earlier, there were 23 killings in the city of Nuevo Laredo, in Tamaulipas state which borders the United States, comprising nine people found hanging from a bridge and 14 others that had been decapitated. Suspected drug gang violence has flared up across the country this month, with scores of deaths attributed to massacres and clashes with security forces. Authorities have blamed much of the deadly violence on battles
between the Zetas, a gang set up by ex-commandos that and groups allied to the Sinaloa Federation of Mexico's most wanted drug lord, Joaquin "El Chapo" Guzman. This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
having an IQ "under the level of plankton in the official galaxial IQ test," is a slug in a walking A GameFaqs forums user by the tank. Zork's "combat walker" has name of MirrorB appears to have been outfitted with traps, turrets unearthed information detailing and the ability to "Mew enemies two forthcoming Awesomenauts i n t o o b l i v i o n b y s h o o t i n g DLC characters, one of which was e x p l o s i v e h o l o c a t s . " already teased officially two days Of course, none of this is ago. officially official until Ronimo Sprites (above) and character Games makes some sort of sheets recovered from the game's a n n o u n c e m e n t , b u t w e ' r e system files outline two new cautiously optimistic that this'll all Awesomenauts: Coco Nebulon p l a y o u t . W e r e a l l y w a n t and Derpl Zork. Coco, also explosive holocats to be a part of k n o w n a s " t h e c o s m i c our lives. waveblazer," rides a hoverboard Rumor: Awesomenauts DLC and attacks with various ranged c h a r a c t e r i n f o d i s c o v e r e d and melee forms of electricity. originally appeared on Joystiq on Her hoverboard jump also has a Sun, 13 May 2012 16:30:00 EST. chance to randomly result in a Please see our terms for use of completely wicked front-flip. feeds. Meanwhile, Derpl Zork, aside Permalink| Email this| Comments from being the nephew of the president of Zork Industries and
Submitted at 5/13/2012 4:30:00 PM
56
Sports/
MVP James gets 32, Heat top Pacers 95-86 in Game 1 - Associated Press
TIM REYNOLDS (- Bing News)
Submitted at 5/13/2012 6:13:26 PM
from Darren Collison and George Hill."I thought we were just on our heels a little too much," West MIAMI (AP) -- LeBron James said. Game 2 is Tuesday in got his trophy, and then he and Miami. The Heat never led by Dwyane Wade made sure the m o r e t h a n t w o u n t i l 9 : 2 0 Miami Heat got a win in Game 1. remained in the game, when a James scored 32 points and layup by James gave Miami a 76grabbed 15 rebounds in his first 72 edge. Wade added another game as a three-time MVP, Wade basket about 30 seconds later, and f i n i s h e d w i t h 2 9 d e s p i t e the margin eventually reached struggling from the floor, and the eight when James made two free Heat beat the Indiana Pacers 95- throws with 7:52 left. Back came 8 6 t o o p e n t h e i r E a s t e r n Indiana, which got within 86-85 Conference semifinal series on on a 3-pointer by Hill with 4:51 Sunday. Chris Bosh scored 13 left after Miami went cold again. points for Miami, but left late in But one big flurry - capped by a the first half with a lower dunk from James in transition and abdominal injury and did not Wade coming from behind to return, with the Heat saying he block a shot by Paul George at the was scheduled for an MRI to rim about a half-minute later determine the extent of the gave the Heat some breathing problem. The Heat outscored room. Wade and James scored 20 Indiana 25-16 in the fourth, with straight Miami points in the Wade and James combining for fourth, a string ended by a free 22 of those points. Wade and throw from Joel Anthony with James outscored Indiana 42-38 in 1:05 left. After Hibbert missed a the second half."It's a battle and jumper on the next Indiana we know, regardless of being at possession, James connected with home, being away, who we're 31.8 seconds left for a 95-86 playing, what round, it's tough to Miami lead, and it was soon win in the playoffs and you have over."Definitely not our best t o f i g h t f o r e v e r y s i n g l e game," Pacers coach Frank Vogel possession," Heat coach Erik said. "We didn't shoot it very Spoelstra said. "And that's what it well. ... It came down to execution was." David West and Roy in the fourth quarter and you've Hibbert each scored 17 points and got to give credit to Miami's combined for 23 rebounds for the defense." Wade shot only 8 for 23 Pacers, who got 10 points each from the field, and the Heat
missed all six of their attempts from 3-point range - a first in team playoff history. But the Heat held a 45-38 rebounding edge, and allowed Indiana to make only 11 of 37 shots after halftime. Danny Granger shot 1 for 10 for Indiana, scoring only seven points."I don't know if he's going to have a huge offensive series," Vogel said. "When you have to guard the MVP for 38 minutes, it takes a lot out of your offensive game." Commissioner David Stern was on hand to present James with his MVP trophy in a pregame ceremony that was capped by the Heat star telling fans how "electricity" was going to be important throughout the playoffs. One team came out electrified - and it wasn't Miami. The Pacers trailed for only 56 seconds in the first half, never down by more than a basket. Indiana opened the game with an 11-4 run, held Miami to 37 percent shooting in the first two quarters, and rode the strength of a 19-6 edge in bench scoring to take a 48-42 lead going into halftime - surviving some foul trouble as well. Of the 10 players Vogel used in the first half, seven had at least two fouls, and Hill had three. But by then, Miami had a bigger problem to address. The Heat announced during halftime that Bosh would not return
because of a lower abdominal injury. Bosh shot 6-for-11 in the first half, the last three of his points coming with 1:06 remaining after a dunk while getting fouled by Hibbert. Bosh remained down for a few moments, then got up slowly and made his free throw. While going back down to the defensive end, Bosh started limping and grabbing at his midsection. He eventually fell to his knees in pain, and was replaced by Ronny Turiaf with 43.6 seconds left. Bosh was grimacing as he headed to the Heat locker room for evaluation, as his wife covered an anguished look on her face while watching from courtside."It's unfortunate Chris went down," Wade said. "But we told him, `Be healthy. We got `em." Even with Bosh out, things started going Miami's way in the third quarter. The Heat held the Pacers to 31 percent shooting in the period, and Anthony's dunk off an assist from Wade tied the game heading to the fourth at 70all. And the foul trouble compounded for Indiana early in the third, when Hill ran over Mario Chalmers with 8:26 left. Hill was trying to get to the Pacers' bench area to call timeout. Chalmers got in front of him near midcourt, held his ground and referee Scott Foster called Hill for the charge - his fifth foul, as
Vogel argued otherwise. Vogel was fined $15,000 by the NBA on Saturday for comments he made last week about how he believes the Heat flop too much in efforts to get calls from referees."He was just manipulating the refereeing or trying to," Stern said in a televised interview during the game. "I would have fined him much more than our office did. But I tell you what, I think it's a legitimate concern. Some years ago, I told the competition committee that we were going to start fining people for flopping and then suspending. ... It's not a legitimate play in my judgment." NOTES: Wade is appearing in his 18th playoff series with Miami, one more than Alonzo Mourning for the most in Heat franchise history. ... The fans in Miami booed when a foul was given to George in the fourth quarter - his fifth - and not assessed to Hibbert. Had the foul been on Hibbert, it would have been his sixth personal. George fouled out about 2 minutes later. ... It was Miami's 13th straight postseason win at home against East opponents. This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentMVP page 59
Sports/
57
Column: Bryant, Lakers need to get swagger back - YAHOO!

The Associated Press (- Bing News)
before in Denver, when Bryant played despite flu-like symptoms, only to watch his teammates Submitted at 5/13/2012 5:30:29 PM barely go through the motions. Kobe Bryant hit his only shot that Asked after that game whether really mattered, then celebrated by his teammates had the same heart s l a p p i n g h a n d s w i t h J u s t i n he did on the court, Bryant didn't T i m b e r l a k e . I n t h e c l o s i n g dance around the subject. seconds of a Game 7 playoff win, ''No,'' he said. ''Of course they the stars were aligning in Los didn't.'' Angeles once again, just like old Bryant is clearly frustrated with times. the inconsistent effort he's getting Except this was a first-round from those around him, though playoff series against a seriously he's hardly alone. First year coach less talented opponent. And these Mike Brown can't seem to figure aren't anything like old times. out how to motivate the team, The Lakers used to swagger which trailed Denver in the final through the playoffs with an quarter Saturday night before attitude, mostly because Bryant rallying to win. would always seem to find a way Before the game, Magic Johnson to make them win. Now they go added to the unease surrounding to Oklahoma City uncertain and the Lakers by declaring on TV unsure, and even Bryant may not that Brown would be fired if the have anything left in his bag of team lost to the Nuggets. That led tricks to use against the Thunder. to the Lakers issuing an unusual He got them past the Denver statement that the team is ''fully N u g g e t s b y f i n a l l y g e t t i n g committed to and supportive of Andrew Bynum and Pau Gasol to Mike Brown as head coach of the play hard. That worked for one Lakers.'' night, but the Lakers won't be The Lakers under Johnson used long for these playoffs if Bryant is t o p l a y b y t h e n i c k n a m e forced to babysit his teammates ''Showtime.'' This group gives every game. Laker fans nothing but nervous He was smiling after the win at time. the Staples Center, happy to see The one constant is Bryant, his daughters waiting for him in whose will to win is unmatched, the hallway afterward. That was e v e n w i t h f i v e N B A in sharp contrast to the game c h a m p i o n s h i p r i n g s i n h i s
collection. At the age of 33 he may have lost half a step on his drives and his shot can be streaky, but he's a fiery leader who's not afraid to get his teammates' attention when needed. The Lakers will also have Metta World Peace for the whole series. World Peace - the one player Bryant says he doesn't have to worry about playing hard - came back from suspension Saturday to key the Lakers defensively and his assignment will be Thunder star Kevin Durant. The player once known as Ron Artest missed seven games for a vicious elbow to the head of Oklahoma City's James Harden, the NBA's Sixth Man of the Year. Don't expect peace to break out, though, when they're on the court together. ''I don't shake substitutions' hands,'' World Peace said. Even with World Peace back, the Lakers are a decided underdog against a young and rested Thunder team that holds both home court advantage and a 2-1 series edge this year. Oddsmakers have made the Thunder 7-point favorites in Monday night's Game 1. But funny things can happen in the playoffs. That was evident in Game 7 against the Nuggets when Bryant resisted the urge to fight
through double teams and try to take the game over. Instead, he passed to open teammates and played lockdown defense in the fourth quarter before hitting a late 3 that secured the win. ''We're used to Kobe taking more shots,'' World Peace said. Asked how he was able to show restraint, Bryant replied: ''Five championships. It's not very difficult to win games.'' It will get more difficult in Oklahoma City, where the Lakers will try to avoid being ousted in the second round for the second straight year. The Lakers have great size inside with twin 7footers Bynum and Gasol and they have one of the greatest players ever in the game, but this is a team as maddeningly inconsistent as it was the day the regular season opened. In the past, that would just mean Bryant would take over by scoring. But he shot only 43 percent his year, and the time when he could win games on his own may be over. He needs Bynum and Gasol, and he needs World Peace. They won a championship together just two years ago, so the talent is certainly there. What's been missing has been chemistry and desire, the intangibles that often mean the
difference between advancing in the playoffs and going home. To his credit, Bryant has taken it upon himself to instill both in his teammates, but it's a work in progress. The swagger is still missing. And soon the Lakers may be, too. ---Tim Dahlberg is a national sports columnist for The Associated Press. Write to him at tdahlberg(at)ap.org or http:// twitter.com/timdahlberg Behind 61 combined points from @ KingJames and @ DwyaneWade, the @ MiamiHeat beat the @ Pacers 95-86 in Game 1.#NBAPlayoffs The#Clippers relied on their bench to beat the#Grizzlies in Game 7: http:// t.co/6Awgw2qh Manchester City's English Premier League title win was a desperation comeback for the ages: http://t.co/ hoAAkXZr@ mrogersyahoo This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
58
Sports/
Orioles' comeback falls short in 9-8 loss to Rays - San Francisco Gate
By DAVID GINSBURG, AP Sports Writer (- Bing News)
Submitted at 5/13/2012 5:59:07 PM
(05-13) 15:50 PDT BALTIMORE (AP) -The Baltimore Orioles were already assured a series victory and sole possession of first place, so no one would have blamed them if they coasted to the finish after falling behind Tampa Bay by six runs. Instead, Baltimore mounted a comeback bid that finally ended with the winning run at second base in the ninth inning. Although the Orioles dropped a 9 -8 decision Sunday, they made a significant statement in defeat. "This team never gives up," catcher Matt Wieters said. "We had a chance in the ninth and just didn't come through. It would have been a nice game to win, but at the same time you know this team is going to keep playing hard and we're not out of any game. That's how we feel in this clubhouse." Baltimore trailed 7-1 in the sixth, 9-6 in the eighth and 9-7 before nearly pulling out the game in the ninth. "I don't think it surprises anybody, especially me," manager Buck
Showalter said. "There's a good air about the dugout from the first inning on. It's been that way since opening day. They feel like as a group they can overcome some things." Despite the loss, the Orioles took two of three against the Rays and hold a one-game lead in the AL East. "You can't hang your heads," said Nick Markakis, who had three RBIs. "It's a good game all around." Elliot Johnson and Ben Zobrist homered for the Rays, who snapped a three-game skid. Carlos Pena ended an extended slump with two doubles and two RBIs. It was 9-8 in the ninth when Fernando Rodney got Wieters to ground out with runners on second and third with two outs. Third baseman Sean Rodriguez backhanded the final grounder while retreating and fired a onehopper to first to get Wieters by a step. "We made a run at the end there," Markakis said, "and if Pena doesn't catch that ball there, we may possibly win that game." Rodney got his 10th save in 10 tries in a game that earlier appeared was going to be blowout.
"When I ran out on the field I was high-fiving everybody, yelling, `We had it all the way,'" manager Joe Maddon said with a slight grin. Zobrist had three RBIs and Johnson scored three runs and drove in two. Pena was 3 for 37 with 14 strikeouts in May before hitting a third-inning double and adding a two-run double in the fourth to make it 7-1. After Baltimore closed to 7-6 in the seventh, Johnson and Zobrist hit successive homers off Troy Patton in the eighth for a 9-6 lead. The nine runs were the most scored by the Rays since April 19, and they needed every one of them. Wieters and Nick Johnson homered for the Orioles, who were denied their first three-game home sweep of Tampa Bay since 2007. Tampa Bay starter James Shields (6-1) gave up six runs, four earned, and seven hits in 6 1-3 innings. The right-hander is 9-5 lifetime against Baltimore, including 6-1 at Camden Yards. Shields retired eight straight batters before J.J. Hardy doubled in the sixth. Markakis followed with an RBI double and Wieters hit his eighth homer to make it 7-
4. "I wish I could have gotten Wieters out right there," Shields said. "That was a really big moment in the game." A throwing error by Tampa Bay second baseman Will Rhymes preceded a two-run double by Markakis in the seventh. After Elliot Johnson and Zobrist connected in the top of the eighth, Nick Johnson hit a solo shot in the bottom half, his second homer in three games off Joel Peralta. Orioles starter Jake Arrieta (2-4) allowed seven runs and a careerhigh 10 hits in 3 2-3 innings. The right-hander has yielded 13 earned runs in his last 10 innings and has only one win in seven starts since opening day. "I think it really comes down to four fastballs that were elevated with guys on base that they were able to put good swings on it," Arrieta said. "So, really the only thing I take away from it is, just I got to get the ball down." After stranding runners at the corners in the first inning, the Rays went up 3-0 in the second when Johnson hit an RBI single and Zobrist followed with a tworun double. Wieters led off the bottom half with a double and scored on a
single by Chris Davis. In the Tampa Bay third, Rhymes snapped a 0-for-13 drought by bringing home Pena with a twoout single. The Rays went up 7-1 when Matt Joyce singled in a run and Pena delivered a two-out double. NOTES: Tampa Bay's B.J. Upton struck out four times. ... Orioles OF Xavier Avery, the team's second-round pick in the 2005 draft, went 0 for 4 in his major league debut. ... The Orioles open a two-game series against the Yankees on Monday. RHP Jason Hammel (1-3, 6.69 ERA lifetime against NY) will start for Baltimore. ... Tampa Bay will send Jeff Niemann to the mound Monday night in Toronto. ... Baltimore has lost six straight on Mother's Day. This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
Gaming/
59
MVP
only/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
Study: Xbox 360 most popular nonPC device for watching video ads
Jessica Conditt (Joystiq)
Submitted at 5/13/2012 6:00:00 PM
The Xbox 360 is the most popular non-PC device for viewing online video, beating out iOS and Android handhelds, according to a study by onlinevideo ad company Freewheel. Freewheel measured "professional content" only, meaning video that runs with ads -- meaning it really conducted a study on how many online ads we watch -- from companies such as NBC, CBS, ESPN and Vevo. The study didn't account for Netflix or YouTube viewership. Xbox 360 took 28.2 percent of all viewership, followed by iPad with 27.1 percent, then iPhone,
Android and iPod Touch on a decreasing scale. In March, Microsoft announced that Xbox 360 owners use the console more for its entertainment apps than for any actual gaming purposes, spending more than half of their Xbox time on Netflix and other music and video
applications. Even though the Freewheel study doesn't include Netflix views, it does support the console evolutionary theory: One day our gaming consoles will have mutated so drastically that we'll have an entirely new species, called simply "entertainment consoles."
Study: Xbox 360 most popular non-PC device for watching video ads originally appeared on Joystiq on Sun, 13 May 2012 18:00:00 EST. Please see our terms for use of feeds. Permalink| Email this| Comments
60
Politics-Right/
JPMorgan Loses $2 Billion; Still Beats Postal Service

Emily Goff (The Foundry: Conservative Policy News Blog from The Heritage Foundation)
Submitted at 5/13/2012 8:41:16 AM
JPMorgan Chases $2 billion trading loss is top news nationwide. But over at the U.S. Postal Service (USPS), such losses are business as usual. USPS reported a typical (for it) $3.2 billion loss for the most recent quarter. Try that comparison on for size. JPMorgan Chase incurred a whale of a loss because, as explained by the banks CEO Jamie Dimon to his investors, this is an example of a flawed, complex, poorly reviewed, poorly executed and poorly monitored betting strategy. Despite the loss, it by no means spells doom for the bank. The bank has more than enough capital to stomach these losses, as painful as they are.
JPMorgan Chases actions led to the loss, and JPMorgan Chases actions will fix it. You can bet it is already doing just that. Commentators will be tempted to say this could not have happened if regulations intended to guard against risky trading, such as the Volcker Rule, were in place. Not true. The trading strategy JPMorgan Chase used is legal, and it would still be legal under the Volcker Rule. In a free-market system, banks as well as businesses are free to take risks, which result in either successes or failures, profits or losses. The Securities and Exchange Commission has already begun an investigation of the banks financial disclosures, but the bottom line is that mistakes like this do and must happen, in banking as well as other industries where risk is part of the business.
This trading bet gone sour will have unpleasant near-term implications for JPMorgan Chase and likely quite a few of its executives, but sorry, Washington, this does not signal a need for more federal
intervention. Nor does it mean the federal government should get cracking at issuing even more regulations. Indeed, more regulation would not have prevented this from happening without stifling the business
altogether. JPMorgan Chases shareholders lost money equal to the losses incurred. But whats true in the private sector doesnt hold for the Postal Service. And when the Postal Service runs out of cash again next quarter, and the quarter after that, and after that until Congress finally passes real postal reform, the shortfall will likely be paid from yourthe taxpayerspocket. Its a difference worth noting. This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
Politics-Right/ Social Media/
61
Afghanistan: Top The iPhone 5 Might Look Peace Negotiator Like This [PICS] Killed in Kabul
Emily Price (Mashable!)
Submitted at 5/13/2012 5:43:06 PM
Beyond aesthetics, the newest iPhone is also rumored to have updated specs under the hood, The iPhone 5 is rumored to be including a faster processor and (The Feed) coming later this year, with an NFC capabilities. official announcement expected in Submitted at 5/13/2012 7:43:31 AM Check out the gallery below for a June around Apples Worldwide look at the concept iPhone 5. Do Via New York Post: Developer Conference (WWDC). you think Apples next iPhone A top Afghan peace negotiator Based on some of the latest 7mm thick and has a 4-inch will look like this? and former Taliban senior official rumors regarding the phone and widescreen multitouch display. LiquidMetal iPhone 5 Concept was gunned down by assailants as what we can expect, one artist, The phone has a 10-megapixel Click here to view this gallery. he left his home in Kabul on J o n F a w c e t t , c r e a t e d s o m e rear-facing camera, 5-megapixel Heres a bonus gallery of more Sunday. Arsala Rahmani, a close concept pictures of what he thinks forward-facing cam for video i P h o n e 5 p i c s a n o t h e r adviser to President Hamid Apples newest iPhone will look chatting, and quad speakers for i n t e r p r e t a t i o n o f w h a t a Karzai, was a key figure in listening to tunes or watching LiquidMetal iPhone might look like when it hits store shelves. Afghanistans High Peace Rumor has it that the next version videos in both portrait and like: Council (HPC), which was of the iPhone will be made of landscape mode. New iPhone? established to hold peace talks run out the clock. Shocking. . LiquidMetal. A mix of several Fawcett isnt affiliated with Click here to view this gallery. . Greg Pollowitz with Taliban insurgents. Shortly different metals, LiquidMetal Apple in any way, and doesnt More About: apple, iphone, after leaving home he was hit by a This entry passed through the could allow the phone to be more really know what the newest iPhone 5, trending single bullet from a passing car. Full-Text RSS service if this is durable. Light like plastic but version of the phone will look like For more Mobile coverage: The bullet passed through his left your content and you're reading it durable like aluminum, it would the pictures, however, are Follow Mashable Mobile on arm and hit his heart, Rahmanis on someone else's site, please read also allow the phone to weigh less pretty impressive and can offer a Twitter grandson, Mohammad Waris, was the FAQ at fivefilters.org/content- and have a thinner profile. glimpse at what might potentially Become a Fan on Facebook quoted as saying by AFP. He only/faq.php#publishers. Five S E E A L S O : N e w i P h o n e : be in store for us later this year. Subscribe to the Mobile channel Filters recommends: Donate to died in the hospital.. . . S E E A L S O : A p p l e S t i l l Download our free apps for Tantilizing Details Revealed Wikileaks. Its almost as if the Taliban dont Measuring at 4.14 x 2.25, Undecided on Final iPhone 5 Android, Mac, iPhone and iPad want peace and are just waiting to Fawcetts concept phone is just Design?
62
Social Media/
Summer TV Guide: 20 Social Shows to See

Brian Anthony Hernandez (Mashable!)
Submitted at 5/13/2012 6:54:33 PM
America's Got Talent Premieres: May 14 on NBC Social media: America's Got Talent ushers in a new judge this season: shock jock Howard Stern, who's already igniting buzz across social networks with his recent jabs at the American Idol's toosoft judging panel. Anticipate his critical judging style to incite significant social chatter. Meanwhile, AGT's Facebook Page has been pushing multimedia, including Spotify playlists from Stern and fellow judge Sharon Osbourne. Photo courtesy of Mark Seliger/ NBC Click here to view this gallery. A crop of new and returning reality shows, comedies, talent competitions and dramas will vie for your attention on your TV screens, web browsers and mobile devices this summer. Flip through the gallery above to discover 20 shows that will use social media and interactive tools to enhance your viewer experience or will likely inspire significant conversations across social networks. Below, find out from social TV experts which shows will stand out, what worked for networks in the fall season and what social TV trends are emerging. Q&A With 3 Social TV Insiders Natan Edelsburg, writer at
social TV blog Lost Remote and VP of Sawhorse Media Randy Shiozaki, co-founder of social technology company TVplus Scott Ellis, VP of marketing at social TV company Peel
Mashable: Which shows will stand out this summer? Natan: True Blood will no doubt take over social conversations for another year. Breaking Bads final season will
be huge especially after the buzz it created after last seasons finale. Everyone will tune into FXs Anger Management with Charlie Sheen, who well definitely see using his social influence to promote the show. Also, TNTs
return of Dallas has an extremely interesting Facebook timeline social TV strategy thats helping to make it a big premiere. Personally, I will be tweeting my SUMMER page 63
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SUMMER
heart out about Hatfields & McCoys because I am a huge Bill Paxton fan and have mourned every day since Big Love ended. Randy: The fall is going to be big. Shows like Storage Wars will do well this summer. Highly social, good demo and addicting. Scott: For reality, Americas Got Talent should do well, but Duets is less clear as viewers may have reality music show fatigue. In scripted TV, I expect viewers to head to the cable channels. The Dallas reboot on TNT has been garnering positive buzz. HBO is also getting ready to launch The Newsroom and preparing for another season of True Blood, and Im personally looking forward to the final season of Breaking Bad on AMC. And dont forget Charlie Sheens return to TV on Anger Management on FX. Mashable: What worked in the fall for networks that should be carried over to their summer offerings? Natan: At the end of the day, no matter how amazing some of the social TV strategies were last fall, it didnt necessarily mean that the show would succeed. One of my favorite activations last fall was how ABC captured the social web with their social TV strategy around Pan Am. They were able to start a conversation online the
second the show was announced, through Comic-Con and then through the launch. Unfortunately, the show was canceled, in my opinion due to bad linear scheduling. Another amazing example was with Sons of Anarchy and how creator and show runner Kurt Sutter leveraged his social influence. He promised his Twitter followers that if the season premiere hit a certain ratings increase, hed fly them out to L.A. The buzz was insane, they beat the ratings goal and he flew someone out.No matter how amazing some of the social TV strategies were last fall, it didnt necessarily mean that the show would succeed. TV networks must get their show creators and talent involved deeply. It cant just be a marketing effort. TV networks must get their show creators and talent involved deeply. It cant just be a marketing effort. Also, they need to go beyond listening to social TV data to determine buzz around shows. They have to find creative ways to engage with the people on social media showing early interest about summer shows. Randy: Shows like The X Factor worked. A deep commitment to digital and companion, synchronized experiences. They had all the ingredients:
commitment from the top, a sponsor, a great team and a show that lends itself to interactivity. SEE ALSO: Many Social TV Companies Will Disappear Over the Next Year Scott: Its always easier to talk about what didnt work in the fall. Gimmicky shows like Alcatraz, Awake, and Charlies Angels struggled, but viewers connected to fairy tale shows like Once Upon A Time and Grimm, and more female-centered comedies like New Girl and 2 Broke Girls. What worked for these shows were relatable characters with larger than life story lines and impossible situations. Mashable: What trends are you seeing emerge in the social TV space for this summer? Natan: The trend of the before and after social TV strategy in addition to the real-time, whileyoure-watching efforts. History (Channel) just launched a new Facebook game for their new show Hatfields & McCoys, a trend A+E Networks is at the forefront of. Many networks now have or are launching social curation destinations on their sites, and apps to better curate conversations about their TV shows. USA Network has Character Chatter and there is now HBO Connect,
Oxygen Connect and most recently CBS Connect. The idea of curating everything into a destination has become a perfect place to start introducing their advertisers into social TV opportunities. This summer is really going to be a big advancement for advertisers investing in social TV as part of their larger sponsorships across linear.Social TV will continue to be focused around reality-based competitions shows that are perfectly positioned to drive audience participation and deliver a winner at the end of the season. These polarizing shows beg the viewer to react, whether you love or hate the contestants. Scripted social network TV strategies are becoming huge. The idea of scripted social networking is giving TV marketers a big chance to bridge the gap between the relationship the writers, producers, directors and talent have with social TV strategies. USA Networks Hashtag Killer jump started this trend, which is now continuing with MTVs exciting launch of a scripted social platform for their hit Teen Wolf. Randy: Were not seeing summer trends. Scott: With American Idol and The Voice winding down, in the
short term I expect social TV will continue to be focused around reality-based competitions shows that are perfectly positioned to drive audience participation and deliver a winner at the end of the season. We could see a big social lift as Howard Stern joins Americas Got Talent and Big Brother returns to CBS these polarizing shows beg the viewer to react, whether you love or hate the contestants. Duets on ABC may also generate interest and a social following. Im also seeing an increasing number of social TV focused promotions from networks encouraging viewers to participate via Twitter or second screen engagement, and I expect that this trend will accelerate. Viewers enjoy connecting with the shows they care about, and sharing those experiences with the community of similarly passionate fans. What shows will you be watching? Let us know if we missed your favorite ones. More About: celebrities, Entertainment, Feature, Lists, Social Media, social tv, television, TV
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Social Media/
Pinterest Campaigns Honor Your Mom While Giving Back

Zoe Fox (Mashable!)
digital solute to moms around the world. With a donation of $5 or more to the non-profit, you can When it comes to social good leave your mark on the quilt campaigns this Mothers Day, all designed to look like a Pinterest eyes are on Pinterest, undoubtedly stream for your mother. one of this years hottest social The quilt is a way for donors in networks. the U.S. to honor mother figures For two organizations, Pinterest in their lives by helping support w a s a n o b v i o u s c h o i c e f o r the lives of moms around the Mothers Day, because of its world, Ian Haisley, director of heavily female demographics. online strategy for Opportunity Opportunity International and International, told Mashable. Water.org channeled the visuals To create a patch for your mom, women love to see on Pinterest you select from 24 pre-designed into campaigns that give to squares, featuring inspirational women across the world. quotes and photos. You can add Heres how the two non-profits your own note to your mom campaigns are using Pinterest to alongside her do some good in innovative ways. We historically use visuals and Have you seen any other uses on photos to tell our stories, Haisley Pinterest to give back on Mothers says. We thought because of Day? Share what youve seen in P i n t e r e t s h e a v i l y f e m a l e t h e c o m m e n t s . G l o b a l demographic, this quilt would Opportunity Quilt appeal to women in the U.S. as Opportunity International created well as the women were trying to the Global Opportunity Quilt as a reach and serve. Water.orgs ESubmitted at 5/13/2012 6:23:04 PM
cards Water.org wanted to create a Mothers Day campaign hooked up to Pinterest. However, unlike Twitter and Facebook, Pinterest doesnt have a public API. Instead, the non-profit created a project that automatically pins Mothers Day Cards to its own Pinterest boards. You can create an e-card for you mom with a donation of $5 or more. The cards are designed to look like kolams, simple geometric designs South Asian women draw on their doorsteps as greetings and to bestow prosperity on people. The organization very much
considers this project an experiment with Pinterest, Mike McCamon, chief community officer of Water.org told Mashable. While Water.org thought Pinterest was an easy pick for Mothers Day, it was curious if the campaign could increase their visibility on the network by creating a viral behavior or would be over-populating its followers streams. At the end of the week if people unfollow us, its a bad idea, McCamon says. At the start of the week we had 964 followers, so if its less by the end of the week well know. Were hoping people will see it and go to Water.org to learn more or tell someone else. Image courtesy of iStockphoto, IvanJekic More About: mothers day, pinterest, Social Good
Politics/
65
Buddy Roemer, the Anti-Spoiler

Lawrence Lessig (Politics : The Atlantic)
Submitted at 5/14/2012 9:00:00 AM
The likely Americans Elect candidate is encouraging his supporters to vote their conscience. Two weeks ago, I wrote about the some of us who believe that the corrupting influence of money in American politics is the most important issue facing this nation, and that those who believe like us face a difficult dilemma: neither major party candidate is going to make this his issue for this campaign (indeed, the Obama campaign has just airbrushed his criticism of Citizens United from their webpage). So those of us who think this way must either accept that the issue will go dark for four years at least, or push a third-party candidate who will make this his central issue. I grabbed the second horn of that dilemma, arguing here that supporters of corruption reform should join Americans Elect and endorse a reform candidate. Two obvious choices lead the Americans Elect pack: Buddy Roemer, the four-time congressman and former governor of Louisiana, and David Walker, former Comptroller General of the United States. Both, I said, would be important reform candidates. Either could push corruption onto center stage. My inbox exploded with angry emails from friends (and others)
who accused me of betraying a very critical cause: Roemer, they said, won't win. He would only spoil Obama's chances to win. So why push a lost cause, they asked, if the consequence could be a loss for Obama? It is a fair question. As I said in my first essay, this is not an unimportant election. Even if you assumed that a second Obama term would be even more gridlocked than the first, concern for the Court is reason enough (for those on my side at least) to fight like hell to keep him there. Third-party candidates are
unpredictable animals -sometimes stealing elections for the Democrats (Perot tilted the result away from Bush towards Clinton), sometimes stealing elections for the Republicans (Nader tilted the result away from Gore to Bush, aka, cosmic justice). Why would anyone risk the uncertainty they produce? But on Friday, Buddy Roemer removed this risk from the reformer's equation. In a press release and email to his supporters, Roemer embraced an "Anti-Spoiler Principle." Though he says he's in this race to win, if
he became the Americans Elect candidate, he has now committed to a crucial promise: if at the end of the race, Roemer writes, "I discover I have no realistic chance of winning, I will ask my supporters to vote their conscience or for their second choice so the issue of spoiler can be dropped once and for all." This is an innovation that third party supporters should embrace generally. It is often remarked by political scientists and voter strategists that the fact that America has no instant-runoff voting system, in which voters get
to rank their preferences, weakens the chances for alternatives to be heard. Roemer has now in effect created an instant-run-off voting system. His runoff will happen via poll, not at the polls, but the effect is the same: If on, let's say, the Saturday before the election, his pollsters tell him there's no way he can win, then he's out. The voters who would have supported him can go back to the candidate they would have supported had Roemer not run in the first place. For those who believe that reform BUDDY page 67
66
Politics/
Buddy Roemer, the Anti-Spoiler

Lawrence Lessig (Politics : The Atlantic)
Submitted at 5/13/2012 9:00:00 AM
The likely Americans Elect candidate is encouraging his supporters to vote their conscience. Two weeks ago, I wrote about the some of us who believe that the corrupting influence of money in American politics is the most important issue facing this nation, and that those who believe like us face a difficult dilemma: neither major party candidate is going to make this his issue for this campaign (indeed, the Obama campaign has just airbrushed his criticism of Citizens United from their webpage). So those of us who think this way must either accept that the issue will go dark for four years at least, or push a third-party candidate who will make this his central issue. I grabbed the second horn of that dilemma, arguing here that supporters of corruption reform should join Americans Elect and endorse a reform candidate. Two obvious choices lead the Americans Elect pack: Buddy Roemer, the four-time congressman and former governor of Louisiana, and David Walker, former Comptroller General of the United States. Both, I said, would be important reform candidates. Either could push corruption onto center stage. My inbox exploded with angry emails from friends (and others)
who accused me of betraying a very critical cause: Roemer, they said, won't win. He would only spoil Obama's chances to win. So why push a lost cause, they asked, if the consequence could be a loss for Obama? It is a fair question. As I said in my first essay, this is not an unimportant election. Even if you assumed that a second Obama term would be even more gridlocked than the first, concern for the Court is reason enough (for those on my side at least) to fight like hell to keep him there. Third-party candidates are
unpredictable animals -sometimes stealing elections for the Democrats (Perot tilted the result away from Bush towards Clinton), sometimes stealing elections for the Republicans (Nader tilted the result away from Gore to Bush, aka, cosmic justice). Why would anyone risk the uncertainty they produce? But on Friday, Buddy Roemer removed this risk from the reformer's equation. In a press release and email to his supporters, Roemer embraced an "Anti-Spoiler Principle." Though he says he's in this race to win, if
he became the Americans Elect candidate, he has now committed to a crucial promise: if at the end of the race, Roemer writes, "I discover I have no realistic chance of winning, I will ask my supporters to vote their conscience or for their second choice so the issue of spoiler can be dropped once and for all." This is an innovation that third party supporters should embrace generally. It is often remarked by political scientists and voter strategists that the fact that America has no instant-runoff voting system, in which voters get
to rank their preferences, weakens the chances for alternatives to be heard. Roemer has now in effect created an instant-run-off voting system. His runoff will happen via poll, not at the polls, but the effect is the same: If on, let's say, the Saturday before the election, his pollsters tell him there's no way he can win, then he's out. The voters who would have supported him can go back to the candidate they would have supported had Roemer not run in the first place. For those who believe that reform BUDDY page 67
Politics/
67
In the American west: An ocean of oil
BUDDY
is critical to every other issue of importance, Roemer has now upped the ante. In 10 minutes, any registered voter can become an Americans Elect delegate. With five seconds more, they can add Jazz Shaw (Hot Air Top t e c h n o l o g y a n d e c o n o m i c those rare areas where the their support to Roemer's Picks) conditions, Mittal testified. government actually can make a campaign -- knowing that if he is T h e R a n d C o r p o r a t i o n , a difference, for better or worse. Submitted at 5/13/2012 6:31:47 PM the candidate, he has promised not nonprofit research organization, T h e O b a m a a d m i n i s t r a t i o n posted at 7:31 pm on May 13, estimates that 30 to 60 percent of continues to claim that they are to spoil the election for either Romney or Obama. 2012 by Jazz Shaw the oil shale in the Green River pursuing an all of the above What he could spoil is the In case you missed it and you Formation can be recovered, energy policy, but at the same conspiracy of silence that now very well might have, since the Mittal told the subcommittee. At time they are jumping in with new reigns about the corruption of this media was too busy talking about the midpoint of this estimate, regulations regarding fracking. gay marriage to be bothered a almost half of the 3 trillion barrels If we move forward on this system. That's the kind of spoiling rather remarkable thing happened of oil would be recoverable. This aggressively, the industry can this nation needs. in Washington this week. An is an amount about equal to the safely access these resources So, take the 10 minutes and 5 auditor from the GAO testified e n t i r e w o r l d s p r o v e n o i l w h i c h w o u l d s i g n i f i c a n t l y seconds to make this issue salient again. If more than 5,000 do this before the House Science reserves. strengthen our hand on the Subcommittee on Energy and Read those last two sentences international stage. But with the BUDDY Environment on the subject of again and think about it for a wrong approach, Washington continued from page 65 energy. But instead of hearing moment. The largest remaining could hog tie energy developers is critical to every other issue of about how horrible things are, she reserves of oil on the planet are w i t h e x c e s s i v e , e x p e n s i v e importance, Roemer has now calmly delivered something of a not in Saudi Arabia or buried regulations or shut the entire upped the ante. In 10 minutes, any bombshell. under the frozen steppes of the process down by failing to issue registered voter can become an The Green River Formationan former Soviet Union. Theyre permits to develop resources on Americans Elect delegate. With assemblage of over 1,000 feet of h e r e i n t h e U n i t e d S t a t e s . these federal lands. five seconds more, they can add sedimentary rocks that lie beneath Combined with the massive The public disclosure of these t h e i r s u p p o r t t o R o e m e r ' s parts of Colorado, Utah, and resources in western Canada, that reserves is good news, but its campaign -- knowing that if he is Wyomingcontains the worlds means that North America is the only the beginning. And while I the candidate, he has promised not largest deposits of oil shale,Anu King of Oil for the future. But feel some trepidation in saying it, to spoil the election for either K. Mittal, the GAOs director of what if anything will we do Im afraid the ball is in Barack Romney or Obama. natural resources and environment about it? Obamas court. What he could spoil is the s a i d i n w r i t t e n t e s t i m o n y The vast majority of this supply This entry passed through the conspiracy of silence that now submitted to the House Science is shale oil, a form which was Full-Text RSS service if this is reigns about the corruption of this Subcommittee on Energy and essentially useless to us only a your content and you're reading it system. That's the kind of spoiling Environment. few decades ago, but now we on someone else's site, please read this nation needs. USGS estimates that the Green know how to get it. And if you the FAQ at fivefilters.org/content- So, take the 10 minutes and 5 River Formation contains about 3 want to avoid ripping up the entire only/faq.php#publishers. Five seconds to make this issue salient trillion barrels of oil, and about landscape, that means horizontal Filters recommends: Donate to again. If more than 5,000 do this half of this may be recoverable, d r i l l i n g a n d f r a c k i n g . Wikileaks. d e p e n d i n g o n a v a i l a b l e Unfortunately for us, this is one of
by Tuesday, Roemer is likely to be the Americans Elect candidate. Here's how. This article available online at: http://www.theatlantic.com/ national/archive/2012/05/buddyroemer-the-anti-spoiler/257101/ This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
by Tuesday, Roemer is likely to be the Americans Elect candidate. Here's how. This article available online at: http://www.theatlantic.com/ national/archive/2012/05/buddyroemer-the-anti-spoiler/257101/ This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
68
Politics/ Technology/
3rd-grade standardized test asks students to reveal a personal secret

Howard Portnoy (Hot Air Top Picks)
wrote about breaking a ceiling fan and not telling his dad (presumably until now). The other Submitted at 5/13/2012 5:01:00 PM wrote about the time Goldberg posted at 6:01 pm on May 13, took them out of school on false 2012 by Howard Portnoy pretenses for a day of skiing! Seriously now, how hard is to All of a sudden, Goldberg told write questions for third-graders reporters, you have in a sense that dont (a) address creepy Big Brother checking out the topics like cannibalism, (b) ask secrets of families. He added that how many slaves it would take to the question has the potential to pick an orchard clean, or (c) open up all manner of Pandoras intrude on their and their familys b o x e s . H e a s k e d , a s a privacy by asking them to write h y p o t h e t i c a l , w h a t a c t i o n about a secret they had trouble administrators might feel impelled keeping? The answer obviously is to take it the secret divulged had (d) very. to do with a criminal act. Choices a and b were the stuff of The Associated Press quotes math homework assignments S u s a n E n g e l , a l e c t u r e r i n earlier this year in schools in D.C. psychology and director of the and Georgia, respectively, while c teaching program at Williams a p p e a r e d o n a s t a t e w i d e University, who said the question standardized test in New Jersey isnt troubling to her: just this week. The test, given to Asking about secrets is a good 4,000 students, was a dry run for way to get children to write, she the Garden States Assessment of said. And, she said, children at Skills and Knowledge. that age are unlikely to say The website NJ.com reports that something that would offend their one parent, Richard Goldberg of families, or even bare their own Marlboro, was appalled when he souls. I think by and large, kids asked his 9-year-old twin sons are not going to tell a real secret, about the exam and was told she said. a b o u t t h e q u e s t i o n , w h i c h That reaction begs the question of required an essay. One of the boys what to do in the case where
children do reveal real secretsand closely guarded ones at that. Justin Barra, a spokesman for New Jerseys state Education Department, said the state planned to look into who wrote the secret question. In the meantime, since the story first broke, the question has been scrapped. The Department of Ed has not said what was written in its place. Perhaps it is best not to ask. Related Articles Follow me on Twitter or join me at Facebook. You can reach me at howard.portnoy@gmail.com or by posting a comment below. This post was promoted from GreenRoom to HotAir.com. To see the comments on the original post, look here. This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
PSA: Samsung Galaxy Tab 2 10.1, Galaxy Player 4.2 now available online
Sean Buckley (Engadget)
Submitted at 5/13/2012 7:28:00 PM
Cream Sandwich. The Galaxy Player 4.2, on the other hand, can be found munching Gingerbread Not willing to give up your old for a mere $200. If you're looking d u m b p h o n e , b u t s t i l l n e e d for a new Galaxy that makes something to feed your Android phone calls, however, you'll have a d d i c t i o n ? Y o u ' r e i n l u c k : to wait for the Galaxy S III. Samsung's serving up two devices PSA: Samsung Galaxy Tab 2 today rocking Google's dessert 10.1, Galaxy Player 4.2 now themed OS, the Galaxy Tab 2 a v a i l a b l e o n l i n e o r i g i n a l l y 10.1 and the Galaxy Player 4.2. appeared on Engadget on Sun, 13 Sammy's latest slate rings in at May 2012 19:28:00 EDT. Please $400, buying 16GB of internal see our terms for use of feeds. memory (expandable to 32GB via Permalink| Amazon (1),(2)| Email microSD), a 1GHz dual-core this| Comments processor and a serving of Ice
Politics/ Technology/
69
Newsweek finally goes where none have gone before

Jazz Shaw (Hot Air Top Picks)
Submitted at 5/13/2012 3:31:13 PM
posted at 4:31 pm on May 13, 2012 by Jazz Shaw Are you kidding me? I get that Andrew Sullivan is a man with an agenda and I completely support his right to make his opinions heard. I also understand that Newsweek like any other publication is in business to make a profit and that frequently involves pushing the envelope in terms of catching the publics attention. But at what point is too much simply too much? When is the shark definitively jumped and the daily bread burned past any reasonable definition of being toast? Ladies and gentlemen, this would be that point. Politico explains. Let the games begin, Tina Brown said last week after Time Magazine released its controversial breastfeeding cover. Brown, whose tenure as editor at Newsweek has seen an array of controversial covers, will respond with the above, pegged to Andrew Sullivans piece on Obamas
support for same-sex marriage: The First Gay President. The poster that comes from this is going to sell millions. Take that to the bank. Im not such a political neophyte as to suggest that this is unique in politics, but the bold faced, brazen machinations and ham handed plotting which have characterized this evolution in the Presidents
position on the subject at hand are rather breathtaking. And Im not saying that people dont actually evolve in their positions, beliefs or ideology. I know that my own attitudes and beliefs in my twenties were a far cry in some instances at least from where I stand in my fifties. Very few of us spring out of the halls of high school fully formed with all of the
opinions well hold until the grave. But these evolutions generally take place over a long period of time, as exposure to new people and different ideas are examined and experimented with. Some are kept, others are rejected. Barack Obama, on the other hand, has gone in the course of less than a decade from full throated support of gay marriage to full opposition on religious grounds, back to full support. Are we really supposed to be buying this? Apparently Mr. Sullivan thinks so. And Newsweek is more than happy to jump on board with a cover which will probably go down as one of the most ridiculed and satirized efforts in the history of magazine publication. (But I wouldnt mind a piece of the sales from the poster, though.) Yeesh. This entry passed through the Full-Text RSS service if this is your content and you're reading it on someone else's site, please read the FAQ at fivefilters.org/contentonly/faq.php#publishers. Five Filters recommends: Donate to Wikileaks.
Acer Liquid Glow hits the FCC, keeps its secrets

Jon Fingas (Engadget)
Submitted at 5/13/2012 3:41:00 PM
Acer's Liquid series phones only occasionally reach the FCC, so it's with some surprise that we've just spotted the still-fresh Liquid Glow getting the US agency's approval under its E330 model name. Details are scarce as to whether or not there's been any changes made to the Android 4.0 phone on its way out of Taiwan, however: there's no telltale signs like cellular frequencies or carrier badging. If anything, Acer is hoping to keep information hushACER page 70
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ACER
hush by stamping a 180-day confidentiality seal on the manual and photos. It's entirely possible that this is the international GSM model with no 3G support for North American carriers, so we wouldn't get worked up about local release plans. Even so, knowing Canadian carrier Rogers' tendency to offer Acer phones, there's still a possibility that a version of the Liquid Glow might
go on sale this side of the Pacific. Acer Liquid Glow hits the FCC, keeps its secrets originally appeared on Engadget on Sun, 13 May 2012 15:41:00 EDT. Please see our terms for use of feeds. Permalink| FCC| Email this| Comments

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